Granite Construction (NYSE: GVA) reported earnings on Nov. 7. Here are the numbers you need to know.

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

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

Margins expanded across the board.

Revenue details
Granite Construction logged revenue of $728.5 million. The six analysts polled by S&P Capital IQ expected to see a top line of $843.4 million on the same basis. GAAP reported sales were 0.0% lower than the prior-year quarter's $728.6 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 $0.94. The five earnings estimates compiled by S&P Capital IQ predicted $0.87 per share. GAAP EPS of $0.94 for Q3 were 1.1% higher than the prior-year quarter's $0.93 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 13.9%, 100 basis points better than the prior-year quarter. Operating margin was 8.2%, 70 basis points better than the prior-year quarter. Net margin was 5.1%, 10 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $644.6 million. On the bottom line, the average EPS estimate is $0.52.

Next year's average estimate for revenue is $2.32 billion. The average EPS estimate is $1.14.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 224 members out of 247 rating the stock outperform, and 23 members rating it underperform. Among 72 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 63 give Granite Construction a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Granite Construction is outperform, with an average price target of $30.31.