Thread:
I'm just posting selected historical income statement data on CHKP. It is part of my fundamental analysis as I'm trying to estimate CHKP's 2nd quarter earnings in comparison to the 50 cents on bloomberg.
Just one of my exercises. I'd suggest all investors read the annual report (1997, 98 is not yet available). Also remember the balance sheet with no L/T debt about $4.7 per share of investments and trade rec. over liabilities.
From the upgrade report last week I'm estimating top line growth of 37% (earnings won't be as high due to increases in R&D and the tax rate).
Checkpoint Software - CHKP
# Net Total Net
Announ. Total Net of Income Revenue Income
Date Quarter Revenue Income Shares / Share Growth Growth
Q1 - 4,839 2,763 0.08
Q2 - 7,377 3,228 0.10
Q3 - 8,030 3,748 0.10
Q4 - 11,623 5,498 0.15
FY - 96 31,869 15,237 35,455 0.43 149%
Q1 - 13,684 6,473 0.17 183% 134%
Q2 - 18,020 7,447 0.20 144% 131%
Q3 - 23,344 11,993 0.31 191% 220%
Q4 - 29,587 13,876 0.36 155% 152%
FY - 97 84,635 39,789 37,471 1.04 166% 161%
Q1 - 31,956 15,149 0.39 134% 134%
Q2 - 34,271 19,179 0.50 90% 158%
Q3 - 35,221 16,937 0.45 51% 41%
Q4 - 40,493 18,612 0.47 37% 34%
FY - 141,941 69,877 38,694 1.81 68% 76%
Q1 - 43,772 19,703 40,305 0.49 37% 30%
Q2 -EST 46,951
Note some amounts may differ from the published financials. This is apparently due to a subsequent restatment by Checkpoint. The amounts do agree to the "latest" published financials.
Tim |
