hhgregg (NYSE: HGG) reported earnings on May 23. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q4), hhgregg missed estimates on revenue and beat expectations on earnings per share.

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

Gross margins dropped, operating margins dropped, and net margins grew.

Revenue details
hhgregg booked revenue of $613.8 million. The 15 analysts polled by S&P Capital IQ looked for revenue of $644.6 million on the same basis. GAAP reported sales were 21% higher than the prior-year quarter's $507.0 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 $0.39. The 16 earnings estimates compiled by S&P Capital IQ anticipated $0.37 per share. GAAP EPS of $1.45 for Q4 were 303% higher than the prior-year quarter's $0.36 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 30.5%, 100 basis points worse than the prior-year quarter. Operating margin was 3.8%, 160 basis points worse than the prior-year quarter. Net margin was 8.7%, 580 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $513.5 million. On the bottom line, the average EPS estimate is -$0.05.

Next year's average estimate for revenue is $2.81 billion. The average EPS estimate is $1.23.

Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on hhgregg is hold, with an average price target of $13.54.

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