Herbalife (NYSE: HLF) reported earnings on April 29. Here are the numbers you need to know.

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

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

Gross margins increased, operating margins contracted, net margins dropped.

Revenue details
Herbalife chalked up revenue of $1.12 billion. The five analysts polled by S&P Capital IQ hoped for net sales of $1.11 billion on the same basis. GAAP reported sales were 17% higher than the prior-year quarter's $964.2 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 $1.27. The seven earnings estimates compiled by S&P Capital IQ predicted $1.06 per share. Non-GAAP EPS of $1.27 for Q1 were 44% higher than the prior-year quarter's $0.88 per share. GAAP EPS of $1.10 for Q1 were 25% higher than the prior-year quarter's $0.88 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 79.9%, much better than the prior-year quarter. Operating margin was 15.0%, 100 basis points worse than the prior-year quarter. Net margin was 10.6%, 60 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $1.17 billion. On the bottom line, the average EPS estimate is $1.27.

Next year's average estimate for revenue is $4.62 billion. The average EPS estimate is $4.66.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 456 members out of 666 rating the stock outperform, and 210 members rating it underperform. Among 180 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 104 give Herbalife a green thumbs-up, and 76 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Herbalife is outperform, with an average price target of $61.43.

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