Starwood Hotels & Resorts Worldwide (NYSE: HOT) reported earnings on April 26. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Starwood Hotels & Resorts Worldwide beat expectations on revenues and crushed expectations on earnings per share.

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

Margins increased across the board.

Revenue details
Starwood Hotels & Resorts Worldwide booked revenue of $1.72 billion. The 15 analysts polled by S&P Capital IQ looked for revenue of $1.53 billion on the same basis. GAAP reported sales were 32% higher than the prior-year quarter's $1.30 billion.

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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 $0.63. The 23 earnings estimates compiled by S&P Capital IQ forecast $0.51 per share on the same basis. GAAP EPS of $0.64 for Q1 were 357% higher than the prior-year quarter's $0.14 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 21.9%, 120 basis points better than the prior-year quarter. Operating margin was 13.2%, 390 basis points better than the prior-year quarter. Net margin was 7.5%, 530 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.56 billion. On the bottom line, the average EPS estimate is $0.61.

Next year's average estimate for revenue is $6.11 billion. The average EPS estimate is $2.32.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Starwood Hotels & Resorts Worldwide is outperform, with an average price target of $61.15.