B&G Foods (NYSE: BGS) reported earnings on April 19. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), B&G Foods met expectations on revenue and beat expectations on earnings per share.

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

Margins expanded across the board.

Revenue details
B&G Foods notched revenue of $157.3 million. The five analysts polled by S&P Capital IQ expected net sales of $159.3 million on the same basis. GAAP reported sales were 20% higher than the prior-year quarter's $131.4 million.

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

EPS details
EPS came in at $0.35. The six earnings estimates compiled by S&P Capital IQ anticipated $0.34 per share. GAAP EPS of $0.35 for Q1 were 30% higher than the prior-year quarter's $0.27 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 36.1%, 200 basis points better than the prior-year quarter. Operating margin was 24.3%, 220 basis points better than the prior-year quarter. Net margin was 10.7%, 60 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $156.0 million. On the bottom line, the average EPS estimate is $0.31.

Next year's average estimate for revenue is $647.7 million. The average EPS estimate is $1.33.

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 $22.60.

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