West Marine (Nasdaq: WMAR) reported earnings on Feb. 23. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), West Marine met expectations on both revenue and earnings per share.

Compared to the prior-year quarter, revenue expanded and GAAP loss per share shrank.

Margins grew across the board.

Revenue details
West Marine booked revenue of $113.4 million. The one analyst polled by S&P Capital IQ expected a top line of $112.7 million on the same basis. GAAP reported sales were 5.7% higher than the prior-year quarter's $107.3 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 -$0.83. The one earnings estimate compiled by S&P Capital IQ averaged -$0.83 per share on the same basis. GAAP EPS were -$0.61 for Q4 versus -$0.88 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 18.3%, 100 basis points better than the prior-year quarter. Operating margin was -16.6%, 90 basis points better than the prior-year quarter. Net margin was -12.3%, 610 basis points better than the prior-year quarter.

Looking ahead

Next year's average estimate for revenue is $677.4 million. The average EPS estimate is $1.04.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 28 members rating the stock outperform and 47 members rating it underperform. Among 29 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), eight give West Marine a green thumbs-up, and 21 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on West Marine is buy, with an average price target of $13.00.

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