Energy XXI (Bermuda) (Nasdaq: EXXI) reported earnings on Nov. 7. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q1), Energy XXI (Bermuda) met expectations on revenues and missed estimates on earnings per share.

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

Margins dropped across the board.

Revenue details
Energy XXI (Bermuda) booked revenue of $270.2 million. The six analysts polled by S&P Capital IQ expected a top line of $272.0 million on the same basis. GAAP reported sales were 5.1% lower than the prior-year quarter's $284.9 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 $0.19. The 10 earnings estimates compiled by S&P Capital IQ predicted $0.45 per share. GAAP EPS of $0.19 for Q1 were 75% lower than the prior-year quarter's $0.76 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 66.1%, 600 basis points worse than the prior-year quarter. Operating margin was 21.0%, 1,480 basis points worse than the prior-year quarter. Net margin was 6.8%, 1,650 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $364.6 million. On the bottom line, the average EPS estimate is $0.93.

Next year's average estimate for revenue is $1.46 billion. The average EPS estimate is $3.74.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 199 members out of 211 rating the stock outperform, and 12 members rating it underperform. Among 46 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 45 give Energy XXI (Bermuda) a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Energy XXI (Bermuda) is outperform, with an average price target of $41.60.

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