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 |
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:
- Cost Controls Help Boost Ameristar's Q3
- A Star in Colorado
- Fight Night Restarts Ameristar St. Charles
- Competition Dooms Isle of Capri
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.
