Herman Miller (Nasdaq: MLHR) reported earnings on March 20. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 2 (Q3), Herman Miller missed estimates on revenues and beat expectations on earnings per share.

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

Margins grew across the board.

Revenue details
Herman Miller booked revenue of $423.5 million. The four analysts polled by S&P Capital IQ predicted a top line of $437.7 million on the same basis. GAAP reported sales were 5.9% higher than the prior-year quarter's $399.8 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 predicted $0.28 per share. Non-GAAP EPS of $0.32 for Q3 were 23% higher than the prior-year quarter's $0.26 per share. GAAP EPS of $0.28 for Q3 were 12% higher than the prior-year quarter's $0.25 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 34.1%, 50 basis points better than the prior-year quarter. Operating margin was 6.5%, 20 basis points better than the prior-year quarter. Net margin was 3.9%, 20 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $448.9 million. On the bottom line, the average EPS estimate is $0.35.

Next year's average estimate for revenue is $1.78 billion. The average EPS estimate is $1.37.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 121 members out of 133 rating the stock outperform, and 12 members rating it underperform. Among 46 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 44 give Herman Miller 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 Herman Miller is outperform, with an average price target of $29.00.

Looking for alternatives to Herman Miller? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.