Shaw Communications (NYSE: SJR) reported earnings on June 28. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended May 31 (Q3), Shaw Communications beat slightly on revenues and met expectations on earnings per share.

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

Margins dropped across the board.

Revenue details
Shaw Communications reported revenue of $1.28 billion. The 12 analysts polled by S&P Capital IQ expected to see a top line of $1.26 billion on the same basis. GAAP reported sales were the same as the prior-year quarter's.

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 $0.44. The 14 earnings estimates compiled by S&P Capital IQ forecast $0.43 per share. Non-GAAP EPS of $0.44 for Q3 were 2.2% lower than the prior-year quarter's $0.45 per share. GAAP EPS of $0.50 for Q3 were 2.0% lower than the prior-year quarter's $0.51 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 39.2%, 50 basis points worse than the prior-year quarter. Operating margin was 28.1%, 80 basis points worse than the prior-year quarter. Net margin was 18.0%, 60 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $1.16 billion. On the bottom line, the average EPS estimate is $0.31.

Next year's average estimate for revenue is $4.84 billion. The average EPS estimate is $1.56.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 124 members out of 132 rating the stock outperform, and eight members rating it underperform. Among 33 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 30 give Shaw Communications a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Shaw Communications is hold, with an average price target of $22.52.

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