CIRCOR International (NYSE: CIR) reported earnings on May 3. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended April 1 (Q1), CIRCOR International beat expectations on revenues and earnings per share.

Compared to the prior-year quarter, revenue improved and GAAP earnings per share improved.

Gross margins contracted, operating margins shrank, net margins grew.

Revenue details
CIRCOR International chalked up revenue of $214.3 million. The four analysts polled by S&P Capital IQ expected a top line of $203.8 million on the same basis. GAAP reported sales were 5.4% higher than the prior-year quarter's $203.4 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.49. The five earnings estimates compiled by S&P Capital IQ predicted $0.42 per share. GAAP EPS of $0.49 for Q1 were 8.9% higher than the prior-year quarter's $0.45 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 27.4%, 20 basis points worse than the prior-year quarter. Operating margin was 6.4%, 40 basis points worse than the prior-year quarter. Net margin was 4.0%, 10 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $202.2 million. On the bottom line, the average EPS estimate is $0.49.

Next year's average estimate for revenue is $854.6 million. The average EPS estimate is $2.28.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 134 members out of 138 rating the stock outperform, and four members rating it underperform. Among 39 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 37 give CIRCOR International a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on CIRCOR International is outperform, with an average price target of $44.00.

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