Graco (NYSE: GGG) reported earnings on Jan. 30. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 30 (Q4), Graco missed slightly on revenue and missed expectations on earnings per share.

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

Gross margins dropped, operating margins improved, and net margins improved.

Revenue details
Graco booked revenue of $215.6 million. The seven analysts polled by S&P Capital IQ foresaw sales of $219.3 million. Sales were 9.3% higher than the prior-year quarter's $197.3 million.


Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.

EPS details
Non-GAAP EPS came in at $0.50. The eight earnings estimates compiled by S&P Capital IQ predicted $0.51 per share on the same basis. GAAP EPS of $0.50 for Q4 were 14% higher than the prior-year quarter's $0.44 per share.

Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 54.3%, 30 basis points worse than the prior-year quarter. Operating margin was 22.0%, 280 basis points better than the prior-year quarter. Net margin was 14.1%, 40 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $236.7 million. On the bottom line, the average EPS estimate is $0.62.

Next year's average estimate for revenue is $1.03 billion. The average EPS estimate is $2.62.

Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Graco is outperform, with an average price target of $46.80.

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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.