PetSmart (Nasdaq: PETM) reported earnings on Nov. 14. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Oct. 28 (Q3), PetSmart met expectations on revenues and beat expectations on earnings per share.

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

Margins grew across the board.

Revenue details
 PetSmart chalked up revenue of $1.63 billion. The 20 analysts polled by S&P Capital IQ predicted sales of $1.62 billion on the same basis. GAAP reported sales were 8.8% higher than the prior-year quarter's $1.50 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 $0.75. The 23 earnings estimates compiled by S&P Capital IQ averaged $0.64 per share. GAAP EPS of $0.75 for Q3 were 50% 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 29.6%, 100 basis points better than the prior-year quarter. Operating margin was 8.6%, 180 basis points better than the prior-year quarter. Net margin was 5.1%, 140 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $1.88 billion. On the bottom line, the average EPS estimate is $1.20.

Next year's average estimate for revenue is $6.75 billion. The average EPS estimate is $3.39.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 706 members out of 755 rating the stock outperform, and 49 members rating it underperform. Among 275 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 265 give PetSmart a green thumbs-up, and 10 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on PetSmart is outperform, with an average price target of $73.63.

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