B&G Foods (NYSE: BGS) reported earnings on Feb. 16. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), B&G Foods met expectations on revenues and met expectations on earnings per share.

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

Gross margins dropped, operating margins expanded, net margins shrank.

Revenue details
B&G Foods logged revenue of $150.0 million. The four analysts polled by S&P Capital IQ predicted a top line of $150.2 million on the same basis. GAAP reported sales were 5.7% higher than the prior-year quarter's $141.9 million.

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

EPS details
Non-GAAP EPS came in at $0.30. The five earnings estimates compiled by S&P Capital IQ predicted $0.30 per share on the same basis. GAAP EPS of $0.25 for Q4 were 17% lower than the prior-year quarter's $0.30 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 32.9%, 30 basis points worse than the prior-year quarter. Operating margin was 20.7%, 30 basis points better than the prior-year quarter. Net margin was 8.2%, 190 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $159.3 million. On the bottom line, the average EPS estimate is $0.35.

Next year's average estimate for revenue is $648.7 million. The average EPS estimate is $1.34.

Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on B&G Foods is hold, with an average price target of $22.50.

Over the decades, small-cap stocks, like B&G Foods 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.