Precision Castparts (NYSE: PCP) reported earnings on Thursday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended April 1 (Q4), Precision Castparts met expectations on revenues and met expectations on earnings per share.

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

Margins grew across the board.

Revenue details
Precision Castparts booked revenue of $1.95 billion. The 17 analysts polled by S&P Capital IQ anticipated revenue of $1.94 billion on the same basis. GAAP reported sales were 16% higher than the prior-year quarter's $1.67 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 $2.28. The 21 earnings estimates compiled by S&P Capital IQ averaged $2.27 per share. GAAP EPS of $2.29 for Q4 were 22% higher than the prior-year quarter's $1.87 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 31.7%, 220 basis points better than the prior-year quarter. Operating margin was 25.5%, 150 basis points better than the prior-year quarter. Net margin was 17.2%, 100 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.99 billion. On the bottom line, the average EPS estimate is $2.35.

Next year's average estimate for revenue is $8.42 billion. The average EPS estimate is $10.16.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,280 members rating the stock outperform and 31 members rating it underperform. Among 369 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 365 give Precision Castparts a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Precision Castparts is outperform, with an average price target of $186.70.