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

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

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

Gross margins contracted, operating margins improved, and net margins contracted.

Revenue details
Heckmann booked revenue of $55.0 million. The six analysts polled by S&P Capital IQ expected revenue of $54.3 million on the same basis. GAAP reported sales were much higher than the prior-year quarter's $23.8 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 -$0.03. The six earnings estimates compiled by S&P Capital IQ predicted $0.00 per share. GAAP EPS were -$0.03 for Q1 compared to $0.00 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 12.7%, 870 basis points worse than the prior-year quarter. Operating margin was -2.3%, 290 basis points better than the prior-year quarter. Net margin was -7.0%, 850 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $98.5 million. On the bottom line, the average EPS estimate is $0.03.

Next year's average estimate for revenue is $370.8 million. The average EPS estimate is $0.12.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 410 members out of 423 rating the stock outperform, and 13 members rating it underperform. Among 92 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 86 give Heckmann a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Heckmann is hold, with an average price target of $6.58.

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