Joy Global (NYSE: JOY) reported earnings on Feb. 29. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Jan. 27 (Q1), Joy Global met expectations on revenue and missed estimates on earnings per share.

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

Gross margin contracted, operating margin grew, and net margin expanded.

Revenue details
Joy Global logged revenue of $1.14 billion. The 11 analysts polled by S&P Capital IQ hoped for sales of $1.15 billion on the same basis. GAAP reported sales were 31% higher than the prior-year quarter's $869.5 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 $1.26. The 18 earnings estimates compiled by S&P Capital IQ predicted $1.35 per share on the same basis. GAAP EPS of $1.33 for Q1 were 39% higher than the prior-year quarter's $0.96 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 32.0%, 80 basis points worse than the prior-year quarter. Operating margin was 18.8%, 110 basis points better than the prior-year quarter. Net margin was 12.5%, 70 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.40 billion. On the bottom line, the average EPS estimate is $1.94.

Next year's average estimate for revenue is $5.52 billion. The average EPS estimate is $7.50.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS. Among 436 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 424 give Joy Global a green thumbs-up, and 12 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Joy Global is outperform, with an average price target of $99.65.