Google (Nasdaq: GOOG) reported earnings on April 18. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended March 31 (Q1), Google missed estimates on revenues and beat expectations on earnings per share.

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

Margins contracted across the board.

Revenue details
 Google reported revenue of $13.97 billion. The 22 analysts polled by S&P Capital IQ expected a top line of $14.30 billion on the same basis. GAAP reported sales were 31% higher than the prior-year quarter's $10.65 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 $11.58. The 35 earnings estimates compiled by S&P Capital IQ anticipated $10.67 per share. Non-GAAP EPS of $11.58 for Q1 were 15% higher than the prior-year quarter's $10.08 per share. GAAP EPS of $9.94 for Q1 were 14% higher than the prior-year quarter's $8.75 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 57.4%, 700 basis points worse than the prior-year quarter. Operating margin was 24.9%, 690 basis points worse than the prior-year quarter. Net margin was 24.0%, 310 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $14.42 billion. On the bottom line, the average EPS estimate is $10.78.

Next year's average estimate for revenue is $58.79 billion. The average EPS estimate is $46.23.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 15,576 members out of 18,084 rating the stock outperform, and 2,508 members rating it underperform. Among 3,524 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 3,160 give Google a green thumbs-up, and 364 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Google is outperform, with an average price target of $881.21.

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