Brown-Forman (NYSE: BF-B) reported earnings on Aug. 29. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended July 31 (Q1), Brown-Forman missed slightly on revenues and beat expectations on earnings per share.

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

Margins improved across the board.

Revenue details
Brown-Forman reported revenue of $878.1 million. The four analysts polled by S&P Capital IQ hoped for revenue of $892.8 million on the same basis. GAAP reported sales were 4.4% higher than the prior-year quarter's $637.8 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 $0.69. The nine earnings estimates compiled by S&P Capital IQ forecast $0.62 per share. GAAP EPS of $0.69 for Q1 were 28% higher than the prior-year quarter's $0.54 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 69.7%, 380 basis points better than the prior-year quarter. Operating margin was 33.3%, 400 basis points better than the prior-year quarter. Net margin was 22.2%, 370 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.08 billion. On the bottom line, the average EPS estimate is $0.79.

Next year's average estimate for revenue is $3.80 billion. The average EPS estimate is $2.72.

Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Brown-Forman is hold, with an average price target of $60.30.