On Oct. 30, Clear Channel Communications
- Net revenues increased 7% to $1,794 million because of movements in foreign exchange, increased national advertising revenues, street furniture revenues, and bulletin and the acquisition of Interspace Airport Advertising.
- When you spread less SG&A cost over more revenue, you get an increase in the operating margin.
- Eighteen out of 28 investors believe that Clear Channel will outperform the market in The Motley Fool's CAPS rating service.
(Figures in millions, except per-share data)
Income Statement Highlights
Q3 2006 |
Q3 2005 |
Change |
|
---|---|---|---|
Sales |
$1,794.9 |
$1,683.3 |
6.6% |
Net Profit* |
$185.9 |
$171.8 |
8.2% |
EPS* |
$0.38 |
$0.32 |
18.8% |
Diluted Shares |
493.6 |
543.5 |
(9.2%) |
Get back to basics with a look at the income statement.
Margin Checkup
Q3 2006 |
Q3 2005 |
Change* |
|
---|---|---|---|
Gross Margin |
62.4% |
63.5% |
(1.1) |
Operating Margin |
24.3% |
23.4% |
0.9 |
Net Margin |
10.4% |
10.2% |
0.2 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q3 2006 |
Q3 2005 |
Change |
---|---|---|---|
Cash + ST Invest. |
$104.6 |
$412.7 |
(74.7%) |
Current Assets |
$2,374.9 |
$2,710.3 |
(12.4%) |
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
Current Liabilities* |
$1,291.5 |
$2,016.2 |
(35.9%) |
Long-Term Debt |
$8,123.3 |
$8,001.0 |
1.5% |
Learn the ways of the balance sheet.
Cash Flow Highlights
YTD 2006 |
YTD 2005 |
Change |
|
---|---|---|---|
Cash From Ops. |
$1,182.2 |
$1,100.0 |
7.5% |
Capital Expenditures |
$239.9 |
$291.4 |
(17.7%) |
Free Cash Flow |
$942.3 |
$808.6 |
16.5% |
Find out why Fools always follow the money.
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Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.