Trimble Navigation (Nasdaq: TRMB) reported earnings on Nov. 1. Here are the numbers you need to know.

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

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

Margins increased across the board.

Revenue details
Trimble Navigation reported revenue of $504.8 million. The 10 analysts polled by S&P Capital IQ predicted revenue of $494.3 million on the same basis. GAAP reported sales were 21% higher than the prior-year quarter's $417.4 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 $0.68. The 11 earnings estimates compiled by S&P Capital IQ averaged $0.62 per share. GAAP EPS of $0.42 for Q3 were 91% higher than the prior-year quarter's $0.22 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 55.2%, 420 basis points better than the prior-year quarter. Operating margin was 12.6%, 300 basis points better than the prior-year quarter. Net margin was 10.6%, 390 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $487.5 million. On the bottom line, the average EPS estimate is $0.57.

Next year's average estimate for revenue is $2.00 billion. The average EPS estimate is $2.58.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 402 members out of 422 rating the stock outperform, and 20 members rating it underperform. Among 91 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 83 give Trimble Navigation a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Trimble Navigation is outperform, with an average price target of $60.42.