Entercom Communications (NYSE: ETM) reported earnings on Oct. 26. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Entercom Communications met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded slightly and GAAP earnings per share stayed the same.

Gross margins grew, operating margins increased, net margins contracted.

Revenue details
Entercom Communications recorded revenue of $102.3 million. The two analysts polled by S&P Capital IQ expected sales of $103.8 million on the same basis. GAAP reported sales were 1.9% higher than the prior-year quarter's $100.4 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 $0.27. The two earnings estimates compiled by S&P Capital IQ forecast $0.25 per share. GAAP EPS of $0.22 were the same as 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 37.7%, 720 basis points better than the prior-year quarter. Operating margin was 28.8%, 660 basis points better than the prior-year quarter. Net margin was 8.0%, 20 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $100.9 million. On the bottom line, the average EPS estimate is $0.27.

Next year's average estimate for revenue is $389.2 million. The average EPS estimate is $0.76.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 61 members out of 129 rating the stock outperform, and 68 members rating it underperform. Among 34 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 18 give Entercom Communications a green thumbs-up, and 16 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Entercom Communications is outperform, with an average price target of $14.00.