Corinthian Colleges (Nasdaq: COCO) reported earnings on Oct. 31. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q1), Corinthian Colleges beat expectations on revenues and beat expectations on earnings per share.

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

Margins expanded across the board.

Revenue details
Corinthian Colleges notched revenue of $408.6 million. The 10 analysts polled by S&P Capital IQ anticipated sales of $398.6 million on the same basis. GAAP reported sales were 1.3% lower than the prior-year quarter's $414.0 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 $0.06. The 12 earnings estimates compiled by S&P Capital IQ anticipated $0.04 per share. GAAP EPS were $0.02 for Q1 versus -$0.11 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 38.3%, 250 basis points better than the prior-year quarter. Operating margin was 3.4%, 410 basis points better than the prior-year quarter. Net margin was 0.4%, 270 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $405.5 million. On the bottom line, the average EPS estimate is $0.06.

Next year's average estimate for revenue is $1.61 billion. The average EPS estimate is $0.34.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 289 members out of 368 rating the stock outperform, and 79 members rating it underperform. Among 92 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 65 give Corinthian Colleges a green thumbs-up, and 27 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Corinthian Colleges is hold, with an average price target of $2.21.