Smart Balance (Nasdaq: SMBL) reported earnings on Nov. 8. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Smart Balance met expectations on revenues and missed estimates on earnings per share.

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

Margins dropped across the board.

Revenue details
Smart Balance booked revenue of $101.3 million. The nine analysts polled by S&P Capital IQ expected to see a top line of $100.6 million on the same basis. GAAP reported sales were 41% higher than the prior-year quarter's $71.7 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 $0.03. The nine earnings estimates compiled by S&P Capital IQ predicted $0.04 per share. GAAP EPS were -$0.06 for Q3 compared to $0.02 per share for the prior-year quarter.

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 41.7%, 160 basis points worse than the prior-year quarter. Operating margin was 5.1%, 40 basis points worse than the prior-year quarter. Net margin was -3.7%, 530 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $112.2 million. On the bottom line, the average EPS estimate is $0.07.

Next year's average estimate for revenue is $368.1 million. The average EPS estimate is $0.21.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 257 members out of 277 rating the stock outperform, and 20 members rating it underperform. Among 66 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 58 give Smart Balance 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 Smart Balance is outperform, with an average price target of $13.29.