Pioneer Natural Resources (NYSE: PXD) reported earnings on Oct. 31. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Pioneer Natural Resources whiffed on revenues and whiffed on earnings per share.

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

Margins contracted across the board.

Revenue details
Pioneer Natural Resources logged revenue of $603.4 million. The 14 analysts polled by S&P Capital IQ wanted to see net sales of $779.5 million on the same basis. GAAP reported sales were 3.5% lower than the prior-year quarter's $625.4 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 $0.82. The 25 earnings estimates compiled by S&P Capital IQ forecast $0.99 per share. GAAP EPS of $0.15 for Q3 were 95% lower than the prior-year quarter's $2.95 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 62.6%, 1,180 basis points worse than the prior-year quarter. Operating margin was 8.3%, 8,980 basis points worse than the prior-year quarter. Net margin was 3.2%, 5,300 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $828.2 million. On the bottom line, the average EPS estimate is $1.12.

Next year's average estimate for revenue is $3.17 billion. The average EPS estimate is $4.13.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 289 members out of 315 rating the stock outperform, and 26 members rating it underperform. Among 72 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 66 give Pioneer Natural Resources a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Pioneer Natural Resources is outperform, with an average price target of $122.21.

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