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

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

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

Gross margins dropped, operating margins grew, net margins grew.

Revenue details
 CBS logged revenue of $3.42 billion. The 23 analysts polled by S&P Capital IQ predicted revenue of $3.49 billion on the same basis. GAAP reported sales were 1.6% higher than the prior-year quarter's $3.37 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 $0.65. The 27 earnings estimates compiled by S&P Capital IQ anticipated $0.61 per share. GAAP EPS of $0.60 for Q3 were 20% higher than the prior-year quarter's $0.50 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 46.1%, 10 basis points worse than the prior-year quarter. Operating margin was 22.6%, 170 basis points better than the prior-year quarter. Net margin was 11.4%, 140 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $4.04 billion. On the bottom line, the average EPS estimate is $0.74.

Next year's average estimate for revenue is $14.89 billion. The average EPS estimate is $2.56.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 321 members out of 397 rating the stock outperform, and 76 members rating it underperform. Among 130 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 118 give CBS a green thumbs-up, and 12 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on CBS is outperform, with an average price target of $39.85.