Macquarie Infrastructure (NYSE: MIC) reported earnings Feb. 22. Here are the numbers you need to know.

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

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

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

Revenue details
Macquarie Infrastructure logged revenue of $250.2 million. The three analysts polled by S&P Capital IQ expected a top line of $230.1 million on the same basis. GAAP reported sales were 13% higher than the prior-year quarter's $221.5 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
Non-GAAP EPS came in at $0.97. The one earnings estimate compiled by S&P Capital IQ anticipated $0.21 per share on the same basis. GAAP EPS of $0.26 for Q4 were 189% higher than the prior-year quarter's $0.09 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 39.0%, 390 basis points worse than the prior-year quarter. Operating margin was 5.3%, 560 basis points worse than the prior-year quarter. Net margin was 4.9%, 300 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $245.6 million. On the bottom line, the average EPS estimate is $0.20.

Next year's average estimate for revenue is $989.2 million. The average EPS estimate is $1.12.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 361 members out of 385 rating the stock outperform, and 24 members rating it underperform. Among 125 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 120 give Macquarie Infrastructure a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Macquarie Infrastructure is buy, with an average price target of $33.00.

Can your portfolio provide you with enough income to last through retirement? You'll need more than Macquarie Infrastructure. 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.