Monmouth Real Estate Investment (NYSE: MNR) reported earnings on Feb. 8. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q1), Monmouth Real Estate Investment met expectations on revenues and beat expectations on earnings per share.

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

Gross margins grew, operating margins dropped, and net margins expanded.

Revenue details
Monmouth Real Estate Investment reported revenue of $12.8 million. The three analysts polled by S&P Capital IQ foresaw net sales of $12.9 million on the same basis. GAAP reported sales were 5.5% higher than the prior-year quarter's $12.1 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 $0.15. The three earnings estimates compiled by S&P Capital IQ anticipated $0.07 per share on the same basis. GAAP EPS of $0.14 for Q1 were 27% higher than the prior-year quarter's $0.11 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 77.5%, 130 basis points better than the prior-year quarter. Operating margin was 42.9%, 160 basis points worse than the prior-year quarter. Net margin was 41.9%, 250 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $12.9 million. On the bottom line, the average EPS estimate is $0.07.

Next year's average estimate for revenue is $52.5 million. The average EPS estimate is $0.26.

Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Monmouth Real Estate Investment is buy, with an average price target of $11.

Can your retirement portfolio provide you with enough income to last? You'll need more than Monmouth Real Estate Investment. Learn about crafting a smarter retirement plan in "The Shocking Can't-Miss Truth About Your Retirement." Click here for instant access to this free report.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.