PetroQuest Energy (NYSE: PQ) reported earnings on Feb. 28. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), PetroQuest Energy met expectations on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue was unchanged. Non-GAAP earnings per share dropped significantly. GAAP earnings per share dropped to a loss.

Margins shrank across the board.

Revenue details
PetroQuest Energy reported revenue of $38.2 million. The five analysts polled by S&P Capital IQ expected to see sales of $38.5 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.

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 $0.04. The seven earnings estimates compiled by S&P Capital IQ forecast $0.04 per share. Non-GAAP EPS of $0.04 for Q4 were 43% lower than the prior-year quarter's $0.07 per share. GAAP EPS were -$0.41 for Q4 compared to $0.04 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 70.5%, 450 basis points worse than the prior-year quarter. Operating margin was 16.5%, 70 basis points worse than the prior-year quarter. Net margin was -63.3%, much worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $37.4 million. On the bottom line, the average EPS estimate is $0.00.

Next year's average estimate for revenue is $162.9 million. The average EPS estimate is $0.05.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 427 members out of 454 rating the stock outperform, and 27 members rating it underperform. Among 105 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 98 give PetroQuest Energy a green thumbs-up, and seven give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on PetroQuest Energy is outperform, with an average price target of $7.66.

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