Select Comfort (Nasdaq: SCSS) reported earnings on Feb. 8. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Select Comfort beat expectations on revenues and earnings per share.

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

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

Revenue details
Select Comfort logged revenue of $189.1 million. The seven analysts polled by S&P Capital IQ predicted a top line of $181.2 million. GAAP sales were 27% higher than the prior-year quarter's $148.7 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Non-GAAP EPS came in at $0.30. The eight earnings estimates compiled by S&P Capital IQ predicted $0.22 per share on the same basis. GAAP EPS of $0.27 for Q4 were 108% higher than the prior-year quarter's $0.13 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 62.9%, 10 basis points worse than the prior-year quarter. Operating margin was 10.6%, 290 basis points better than the prior-year quarter. Net margin was 8.1%, 330 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $226.2 million. On the bottom line, the average EPS estimate is $0.39.

Next year's average estimate for revenue is $863.7 million. The average EPS estimate is $1.37.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 2,504 members out of 2,842 rating the stock outperform, and 338 members rating it underperform. Among 950 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 880 give Select Comfort a green thumbs-up, and 70 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Select Comfort is buy, with an average price target of $23.

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