On June 29, 2006, Motley Fool Stock Advisor selection Palm
- Per-share earnings met Street expectations but sales disappointed.
- Nevertheless, there's room for some optimism: Treo sales reached $1.1 billion during 2005, up 85%.
(Figures in thousands, except per-share data)
Income Statement Highlights
Avg. Est. |
FY |
FY |
% Change |
|
---|---|---|---|---|
Sales |
$1,580,000 |
$1,578,509 |
$1,270,410 |
+24.3 |
Net Profit* |
-- |
$88,543 |
$78,926 |
+12.2 |
EPS* |
$0.85 |
$0.85 |
$0.77 |
+10.4 |
Get back to basics with a look at the income statement.
Margin Checkup
FY 2006 |
FY 2005 |
Change |
|
---|---|---|---|
Gross Margin |
32.99% |
30.78% |
+2.22% |
Op. Margin |
6.67% |
6.1% |
+0.57% |
Net Margin |
5.61% |
6.21% |
-0.6% |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
FY 2006 |
FY 2005 |
% Change |
---|---|---|---|
Cash+ ST Invest. |
$518,894 |
$362,699 |
+43.1 |
Inventory |
$58,010 |
$35,544 |
+63.2 |
Accounts Rec. |
$204,337 |
$140,162 |
+45.8 |
Liabilities |
FY 2006 |
FY 2005 |
% Change |
---|---|---|---|
Total Debt |
$35,000 |
$35,000 |
+0.0 |
Accounts Pay. |
$184,501 |
$135,720 |
+35.9 |
Learn the ways of the balance sheet.
Cash Flow Checkup
Full-year cash flow statement not provided. (Whatever.)
Find out why Fools always follow the money.
Related Companies:
-
Intel
(NASDAQ:INTC) -
Marvell Technology
(NASDAQ:MRVL) -
Microsoft
(NASDAQ:MSFT) -
Motorola
(NYSE:MOT) -
Nokia
(NYSE:NOK) -
Research In Motion
(NASDAQ:RIMM)
Related Foolishness:
- It's been thumbs-down for Palm so far this year.
- Do you think the Treo could stiff-arm an iPhone?
- Should Palm be in another's hands?
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.
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Fool contributor Tim Beyers owns shares of Nokia. You can find out what else is in his portfolio by checking Tim's Fool profile. The Motley Fool has an ironclad disclosure policy.