Peet's Coffee & Tea (Nasdaq: PEET) reported earnings yesterday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Jan. 1 (Q4), Peet's Coffee & Tea met expectations on revenue and missed expectations on earnings per share.

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

Margins contracted across the board.

Revenue details
Peet's Coffee & Tea booked revenue of $101.6 million. The seven analysts polled by S&P Capital IQ predicted net sales of $103.0 million on the same basis. GAAP reported sales were 11% higher than the prior-year quarter's $91.6 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 $0.42. The seven earnings estimates compiled by S&P Capital IQ predicted $0.43 per share. GAAP EPS of $0.42 for Q4 were 11% lower than the prior-year quarter's $0.47 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 19.1%, 430 basis points worse than the prior-year quarter. Operating margin was 8.6%, 240 basis points worse than the prior-year quarter. Net margin was 5.6%, 140 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $97.6 million. On the bottom line, the average EPS estimate is $0.39.

Next year's average estimate for revenue is $409.9 million. The average EPS estimate is $1.79.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 204 members out of 291 rating the stock outperform, and 87 members rating it underperform. Among 108 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 72 give Peet's Coffee & Tea a green thumbs-up, and 36 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Peet's Coffee & Tea is outperform, with an average price target of $56.40.

Over the decades, small-cap stocks like Peet's Coffee & Tea have provided market-beating returns, provided they're value-priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: Two Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.