Catamaran (Nasdaq: CTRX) reported earnings on Nov. 1. Here are the numbers you need to know.

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

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

Gross margins increased, operating margins dropped, net margins dropped.

Revenue details
Catamaran booked revenue of $3.19 billion. The 19 analysts polled by S&P Capital IQ wanted to see revenue of $3.24 billion on the same basis. GAAP reported sales were much higher than the prior-year quarter's $1.29 billion.

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 $0.25. The 20 earnings estimates compiled by S&P Capital IQ averaged $0.24 per share. GAAP EPS of $0.10 for Q3 were 50% lower than the prior-year quarter's $0.20 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 7.4%, 100 basis points better than the prior-year quarter. Operating margin was 1.4%, 170 basis points worse than the prior-year quarter. Net margin was 0.6%, 140 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $3.34 billion. On the bottom line, the average EPS estimate is $0.33.

Next year's average estimate for revenue is $10.01 billion. The average EPS estimate is $1.10.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 327 members out of 345 rating the stock outperform, and 18 members rating it underperform. Among 119 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 115 give Catamaran 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 Catamaran is outperform, with an average price target of $56.84.