Spirit AeroSystems Holdings (NYSE: SPR) reported earnings on May 3. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 29 (Q1), Spirit AeroSystems Holdings met expectations on revenues and beat expectations on earnings per share.

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

Margins increased across the board.

Revenue details
Spirit AeroSystems Holdings logged revenue of $1.27 billion. The 18 analysts polled by S&P Capital IQ wanted to see sales of $1.25 billion on the same basis. GAAP reported sales were 21% higher than the prior-year quarter's $1.05 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
EPS came in at $0.52. The 14 earnings estimates compiled by S&P Capital IQ predicted $0.50 per share. GAAP EPS of $0.52 for Q1 were 117% higher than the prior-year quarter's $0.24 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 13.8%, 220 basis points better than the prior-year quarter. Operating margin was 9.7%, 310 basis points better than the prior-year quarter. Net margin was 5.8%, 250 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.35 billion. On the bottom line, the average EPS estimate is $0.56.

Next year's average estimate for revenue is $5.35 billion. The average EPS estimate is $2.19.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 298 members out of 313 rating the stock outperform, and 15 members rating it underperform. Among 94 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 91 give Spirit AeroSystems Holdings a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Spirit AeroSystems Holdings is outperform, with an average price target of $28.05.