ONEOK (NYSE: OKE) reported earnings on Feb. 21. Here are the numbers you need to know.

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

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

Margins grew across the board.

Revenue details
ONEOK tallied revenue of $4.07 billion. The three analysts polled by S&P Capital IQ expected to see revenue of $4.75 billion on the same basis. GAAP reported sales were 21% higher than the prior-year quarter's $3.36 billion.

My

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 $1.08. The nine earnings estimates compiled by S&P Capital IQ forecast $1.05 per share on the same basis. GAAP EPS of $1.09 for Q4 were 43% higher than the prior-year quarter's $0.76 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 11.3%, 120 basis points better than the prior-year quarter. Operating margin was 9.0%, 190 basis points better than the prior-year quarter. Net margin was 2.8%, 30 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $4.92 billion. On the bottom line, the average EPS estimate is $1.35.

Next year's average estimate for revenue is $16.81 billion. The average EPS estimate is $3.83.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 402 members out of 416 rating the stock outperform, and 14 members rating it underperform. Among 147 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 143 give ONEOK a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ONEOK is hold, with an average price target of $77.14.

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

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings. He is the co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Motley Fool newsletter services have recommended buying shares of ONEOK. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.