Suntech Power Holdings (NYSE: STP) reported earnings on May 23. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Suntech Power Holdings met expectations on revenues and missed expectations on earnings per share.

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

Margins contracted across the board.

Revenue details
Suntech Power Holdings notched revenue of $409.5 million. The 20 analysts polled by S&P Capital IQ wanted to see revenue of $413.5 million on the same basis. GAAP-reported sales were 53% lower than the prior-year quarter's $877 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 -$0.74. The 17 earnings estimates compiled by S&P Capital IQ predicted -$0.48 per share. GAAP EPS were -$0.73 for Q1 versus $0.17 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 0.6%, 1,840 basis points worse than the prior-year quarter. Operating margin was -29.1%, 3,990 basis points worse than the prior-year quarter. Net margin was -32.5%, 3,610 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $521.4 million. On the bottom line, the average EPS estimate is -$0.44.

Next year's average estimate for revenue is $2.16 billion. The average EPS estimate is -$1.74.

Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Suntech Power Holdings is underperform, with an average price target of $3.36.

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