Kimball International (Nasdaq: KBALB) reported earnings on May 2. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q3), Kimball International beat expectations on revenues and missed estimates on earnings per share.

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

Gross margins were steady, operating margins were steady, net margins increased.

Revenue details
Kimball International logged revenue of $301.5 million. The two analysts polled by S&P Capital IQ expected revenue of $285.8 million on the same basis. GAAP reported sales were 6.0% higher than the prior-year quarter's $284.4 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 $0.10. The two earnings estimates compiled by S&P Capital IQ predicted $0.11 per share. GAAP EPS of $0.10 for Q3 were 43% higher than the prior-year quarter's $0.07 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 17.8%, much about the same as the prior-year quarter. Operating margin was 1.1%, much about the same as the prior-year quarter. Net margin was 1.2%, 30 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $300.9 million. On the bottom line, the average EPS estimate is $0.12.

Next year's average estimate for revenue is $1.17 billion. The average EPS estimate is $0.49.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 55 members out of 60 rating the stock outperform, and five members rating it underperform. Among 17 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 15 give Kimball International 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 Kimball International is buy, with an average price target of $10.00.

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