On Oct. 25, Ameristar Casinos (NASDAQ:ASCA) released third-quarter earnings for the period ended Sept. 30.

  • Revenue increased 6.3%, and EBITDA grew 12.6%.
  • Margins improved across the board.
  • Ameristar Black Hawk grew EBIDTA substantially.
  • For a full analysis of the quarter, see Jeff Hwang's commentary.

(Figures in millions, except per-share data)

Income Statement Highlights

Avg. Est.

Q3 2006

Q3 2005

Change

Sales

$251

$254

$239

6.3%

Net Profit*

--

$21

$16

31.0%

EPS

$0.35

$0.37

$0.28

32.1%

Diluted Shares

--

57

57

(0.1%)



Get back to basics with a look at the income statement.

Margin Checkup

Q3 2006

Q3 2005

Change*

Operating Margin

18.24%

16.97%

1.27

Net Margin

8.31%

6.75%

1.56

*Expressed in percentage points.

Margins are the earnings engine. See how they work.

Balance Sheet Highlights
No data provided.

Cash Flow Highlights

YTD 2006

YTD 2005

Change

Cash From Ops.

$55

$40

36.5%

Capital Expenditures

$63

$50

26.4%

Free Cash Flow

($8)

($10)

N/A



Find out why Fools always follow the money.

EBITDA by Property

Q3 2006

Q3 2005

Change

Ameristar St. Charles

$22.9

$21.8

5.0%

Ameristar Kansas City

$17.0

$17.7

(4.0%)

Ameristar Council Bluffs

$17.6

$18.2

(3.3%)

Ameristar Vicksburg

$12.9

$11.0

17.3%

Jackpot Properties

$5.0

$4.9

2.0%

Ameristar Black Hawk

$7.0

$0.2

3400.0%

Consolidated

$69.6

$61.8

12.6%



Related Companies:

  • Aztar (NYSE:AZR)
  • Penn National Gaming (NASDAQ:PENN)
  • Station Casinos (NYSE:STN)
  • Boyd Gaming (NYSE:BYD)

Related Foolishness:

Ameristar is aMotley Fool Hidden Gemsrecommendation.

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 checkFool.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.