FX Energy (Nasdaq: FXEN) reported earnings on Nov. 9. Here are the numbers you need to know.

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

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

Gross margins grew, operating margins contracted, net margins grew.

Revenue details
FX Energy recorded revenue of $9.6 million. The three analysts polled by S&P Capital IQ expected to see a top line of $10.0 million on the same basis. GAAP reported sales were 5.6% lower than the prior-year quarter's $10.1 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 -$0.16. The five earnings estimates compiled by S&P Capital IQ predicted $0.01 per share. GAAP EPS were $0.04 for Q3 against -$0.53 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 86.9%, 1,360 basis points better than the prior-year quarter. Operating margin was -62.7%, 5,420 basis points worse than the prior-year quarter. Net margin was 20.8%, 29,280 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $10.1 million. On the bottom line, the average EPS estimate is -$0.01.

Next year's average estimate for revenue is $36.4 million. The average EPS estimate is $0.04.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 123 members out of 139 rating the stock outperform, and 16 members rating it underperform. Among 16 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 14 give FX Energy a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on FX Energy is buy, with an average price target of $10.25.

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