CapLease (NYSE: LSE) reported earnings on Feb. 17. Here are the numbers you need to know.

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

Compared to the prior-year quarter, revenue dropped, and GAAP earnings per share grew. The profit was a surprise, as analysts had predicted a loss.

Gross margins dropped, operating margins dropped, and net margins grew.

Revenue details
CapLease booked revenue of $39 million. The four analysts polled by S&P Capital IQ predicted sales of $38.9 million on the same basis. GAAP reported sales were 6.6% lower than the prior-year quarter's $41.7 million.

My

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 $0.22. The two earnings estimates compiled by S&P Capital IQ predicted -$0.03 per share. GAAP EPS were $0.22 for Q4 against -$0.18 per share for the prior-year quarter.

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 82.2%, 290 basis points worse than the prior-year quarter. Operating margin was 43.2%, 460 basis points worse than the prior-year quarter. Net margin was 41.2%, 6,230 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $41.5 million. On the bottom line, the average EPS estimate is -$0.03.

Next year's average estimate for revenue is $169.1 million. The average EPS estimate is -$0.12.

Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on CapLease is outperform, with an average price target of $5.45.

Can your portfolio provide you with enough income to last through retirement? You'll need more than CapLease. Learn how to maximize your investment income and "Secure Your Future With 11 Rock-Solid Dividend Stocks." Click here for instant access to this free report.