On Nov. 2, Station Casinos
- Adjusted (non-GAAP) EPS of $0.38 was down 40% from last year.
- Revenues grew 25% on strong growth in its major Las Vegas operations.
- Increases in operating expenses and interest expense hurt margins and the bottom line.
- Station Casinos has a five-star rating in Motley Fool CAPS.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|---|
|
Sales |
$351 |
$346 |
$276 |
25.2% |
|
Net Profit* |
-- |
$19 |
$39 |
(50.6%) |
|
EPS |
$0.51 |
$0.34 |
$0.56 |
(39.3%) |
|
Diluted Shares |
-- |
57 |
70 |
(18.7%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
56.10% |
61.24% |
(5.14) |
|
Operating Margin |
22.25% |
27.29% |
(5.04) |
|
Net Margin |
5.56% |
14.10% |
(8.54) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$95 |
$66 |
44.9% |
|
Accounts Rec. |
$48 |
$18 |
161.6% |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Accounts Payable |
No Data |
No Data |
No Data |
|
Long-Term Debt |
$2,305 |
$1,607 |
43.5% |
Learn the ways of the balance sheet.
Cash Flow Highlights
Data not provided.
EBITDA by Region
|
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|
|
Las Vegas Operations |
$102 |
$98 |
4.1% |
|
Green Valley Ranch* |
$25 |
$24 |
4.2% |
|
Station Casinos Total |
$127 |
$118 |
7.6% |
Find out why Fools always follow the money.
Related companies:
-
Harrah's Entertainment
(NYSE:HET) -
MGM Mirage
(NYSE:MGM) -
Ameristar Casinos
(NASDAQ:ASCA) -
Penn National Gaming
(NASDAQ:PENN)
Related Foolishness:
Ameristar is a Motley Fool Hidden Gems recommendation.
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.
