hhgregg (NYSE: HGG) reported earnings yesterday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q3), hhgregg met expectations on revenues and missed expectations on earnings per share.

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

Margins dropped across the board.

Revenue details
hhgregg logged revenue of $829.5 million. The 13 analysts polled by S&P Capital IQ expected to see revenue of $826.4 million. GAAP sales were 27% higher than the prior-year quarter's $653.7 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 $0.60. The one earnings estimate compiled by S&P Capital IQ anticipated $0.72 per share. GAAP EPS of $0.60 for Q3 were 9.1% lower than the prior-year quarter's $0.66 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 27.2%, 240 basis points worse than the prior-year quarter. Operating margin was 4.5%, 250 basis points worse than the prior-year quarter. Net margin was 2.7%, 140 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $636.8 million. On the bottom line, the average EPS estimate is $0.37.

Next year's average estimate for revenue is $2.51 billion. The average EPS estimate is $1.12.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on hhgregg is hold, with an average price target of $15.42.

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