GP Strategies (NYSE: GPX) reported earnings on Nov. 1. Here are the numbers you need to know.

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

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

Margins grew across the board.

Revenue details
GP Strategies reported revenue of $99.7 million. The three analysts polled by S&P Capital IQ expected sales of $97.7 million on the same basis. GAAP reported sales were 12% higher than the prior-year quarter's $88.9 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 $0.32. The four earnings estimates compiled by S&P Capital IQ averaged $0.27 per share. GAAP EPS of $0.32 for Q3 were 33% higher than the prior-year quarter's $0.24 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 18.0%, 130 basis points better than the prior-year quarter. Operating margin was 9.1%, 90 basis points better than the prior-year quarter. Net margin was 6.2%, 100 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $103.9 million. On the bottom line, the average EPS estimate is $0.31.

Next year's average estimate for revenue is $396.5 million. The average EPS estimate is $1.13.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on GP Strategies is buy, with an average price target of $22.20.