Evolution Petroleum (AMEX: EPM) reported earnings on Sep. 13. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q4), Evolution Petroleum missed estimates on revenues and missed estimates on earnings per share.

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

Margins grew across the board.

Revenue details
 Evolution Petroleum logged revenue of $4.6 million. The one analyst polled by S&P Capital IQ anticipated revenue of $5.0 million on the same basis. GAAP reported sales were 45% higher than the prior-year quarter's $3.2 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 $0.03. The two earnings estimates compiled by S&P Capital IQ anticipated $0.04 per share. GAAP EPS of $0.03 for Q4 were 50% higher than the prior-year quarter's $0.02 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 90.2%, 200 basis points better than the prior-year quarter. Operating margin was 46.3%, 810 basis points better than the prior-year quarter. Net margin was 23.9%, 700 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $5.0 million. On the bottom line, the average EPS estimate is $0.05.

Next year's average estimate for revenue is $21.0 million. The average EPS estimate is $0.38.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 225 members out of 234 rating the stock outperform, and nine members rating it underperform. Among 43 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 40 give Evolution Petroleum a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Evolution Petroleum is buy, with an average price target of $12.00.

Are you missing a major story in the energy space? Read about "One Stock to Own Before Nat Gas Act 2011 Becomes Law." Click here for instant access to this free report.