World Wrestling Entertainment (NYSE: WWE) reported earnings on May 3. Here are the numbers you need to know.

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

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

Gross margins improved, operating margins shrank, net margins grew.

Revenue details
World Wrestling Entertainment logged revenue of $123.1 million. The one analyst polled by S&P Capital IQ looked for revenue of $115.8 million on the same basis. GAAP reported sales were 2.6% higher than the prior-year quarter's $119.9 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 $0.18. The one earnings estimate compiled by S&P Capital IQ predicted $0.06 per share. GAAP EPS of $0.20 for Q1 were 82% higher than the prior-year quarter's $0.11 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 44.4%, 320 basis points better than the prior-year quarter. Operating margin was 13.0%, 30 basis points worse than the prior-year quarter. Net margin was 12.5%, 530 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $143.3 million. On the bottom line, the average EPS estimate is $0.18.

Next year's average estimate for revenue is $483.6 million. The average EPS estimate is $0.44.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 439 members out of 544 rating the stock outperform, and 105 members rating it underperform. Among 112 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 80 give World Wrestling Entertainment a green thumbs-up, and 32 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on World Wrestling Entertainment is hold, with an average price target of $12.00.

Can your portfolio provide you with enough income to last through retirement? You'll need more than World Wrestling Entertainment. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.