China XD Plastics (Nasdaq: CXDC) reported earnings yesterday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), China XD Plastics beat expectations on revenues and missed estimates on earnings per share.

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

Gross margins dropped, operating margins increased, and net margins expanded.

Revenue details
China XD Plastics notched revenue of $113.9 million. The one analyst polled by S&P Capital IQ predicted revenue of $99.5 million on the same basis. GAAP reported sales were 57% higher than the prior-year quarter's $72.4 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 $0.29. The one earnings estimate compiled by S&P Capital IQ forecast $0.33 per share on the same basis. GAAP EPS of $0.30 for Q4 were 200% higher than the prior-year quarter's $0.10 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 25.7%, 30 basis points worse than the prior-year quarter. Operating margin was 21.4%, 120 basis points better than the prior-year quarter. Net margin was 16.2%, 730 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $103.5 million. On the bottom line, the average EPS estimate is $0.35.

Next year's average estimate for revenue is $453.7 million. The average EPS estimate is $1.54.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 61 members rating the stock outperform and 21 members rating it underperform. Among 24 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 11 give China XD Plastics a green thumbs-up, and 13 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on China XD Plastics is buy, with an average price target of $7.

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