Eagle Rock Energy Partners (Nasdaq: EROC) reported earnings on Oct. 31. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Sep. 30 (Q3), Eagle Rock Energy Partners whiffed on revenues and missed expectations on earnings per share.

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

Margins contracted across the board.

Revenue details
 Eagle Rock Energy Partners reported revenue of $163.4 million. The three analysts polled by S&P Capital IQ foresaw net sales of $258.9 million on the same basis. GAAP reported sales were 42% lower than the prior-year quarter's $281.4 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 -$0.80. The four earnings estimates compiled by S&P Capital IQ anticipated $0.04 per share. GAAP EPS were -$0.80 for Q3 against $0.76 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 15.8%, 1,420 basis points worse than the prior-year quarter. Operating margin was -22.1%, 6,270 basis points worse than the prior-year quarter. Net margin was -65.4%, 10,000 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $353.1 million. On the bottom line, the average EPS estimate is $0.06.

Next year's average estimate for revenue is $1.06 billion. The average EPS estimate is $0.18.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 539 members out of 555 rating the stock outperform, and 16 members rating it underperform. Among 184 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 180 give Eagle Rock Energy Partners a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Eagle Rock Energy Partners is outperform, with an average price target of $10.67.

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