Occidental Petroleum (NYSE: OXY) reported earnings on April 26. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended March 31 (Q1), Occidental Petroleum beat expectations on revenues and missed estimates on earnings per share.

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

Margins shrank across the board.

Revenue details
 Occidental Petroleum reported revenue of $6.27 billion. The seven analysts polled by S&P Capital IQ expected sales of $6.05 billion on the same basis. GAAP reported sales were 9.7% higher than the prior-year quarter's $5.73 billion.

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 $1.92. The 15 earnings estimates compiled by S&P Capital IQ predicted $1.95 per share. GAAP EPS of $1.92 for Q1 were 1.1% higher than the prior-year quarter's $1.90 per share. (The prior-year quarter included $0.18 per share in earnings from discontinued operations.)

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 53.0%, 290 basis points worse than the prior-year quarter. Operating margin was 41.8%, 230 basis points worse than the prior-year quarter. Net margin was 24.8%, 230 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $6.38 billion. On the bottom line, the average EPS estimate is $2.06.

Next year's average estimate for revenue is $26.09 billion. The average EPS estimate is $8.54.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,322 members out of 1,366 rating the stock outperform, and 44 members rating it underperform. Among 289 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 281 give Occidental Petroleum a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Occidental Petroleum is outperform, with an average price target of $118.15.

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