Fluor (NYSE: FLR) reported earnings on May 3. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Fluor met expectations on revenues and beat expectations on earnings per share.

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

Margins dropped across the board.

Revenue details
Fluor logged revenue of $6.29 billion. The 18 analysts polled by S&P Capital IQ wanted to see a top line of $6.30 billion on the same basis. GAAP reported sales were 24% higher than the prior-year quarter's $5.06 billion.

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 $0.91. The 22 earnings estimates compiled by S&P Capital IQ averaged $0.87 per share. GAAP EPS of $0.91 for Q1 were 17% higher than the prior-year quarter's $0.78 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 4.4%, 90 basis points worse than the prior-year quarter. Operating margin was 3.8%, 90 basis points worse than the prior-year quarter. Net margin was 2.5%, 30 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $6.68 billion. On the bottom line, the average EPS estimate is $0.94.

Next year's average estimate for revenue is $26.83 billion. The average EPS estimate is $3.77.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,262 members out of 1,292 rating the stock outperform, and 31 members rating it underperform. Among 271 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 266 give Fluor 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 Fluor is outperform, with an average price target of $72.20.