Standard Parking (Nasdaq: STAN) reported earnings on May 8. Here are the numbers you need to know.

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

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

Gross margins grew, operating margins contracted, net margins shrank.

Revenue details
Standard Parking notched revenue of $210.5 million. The four analysts polled by S&P Capital IQ foresaw a top line of $203.4 million on the same basis. GAAP reported sales were much higher than the prior-year quarter's $85.5 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 $0.11. The four earnings estimates compiled by S&P Capital IQ predicted $0.14 per share. Non-GAAP EPS of $0.11 for Q1 were 58% lower than the prior-year quarter's $0.26 per share. GAAP EPS dropped to zero from the prior-year quarter's $0.14.

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 54.1%, much better than the prior-year quarter. Operating margin was 1.5%, 790 basis points worse than the prior-year quarter. Net margin was 0.0%, 260 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $207.3 million. On the bottom line, the average EPS estimate is $0.18.

Next year's average estimate for revenue is $834.7 million. The average EPS estimate is $0.78.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 16 members out of 16 rating the stock outperform, and members rating it underperform. Among four CAPS All-Star picks (recommendations by the highest-ranked CAPS members), four give Standard Parking a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Standard Parking is buy, with an average price target of $25.33.

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