Brown-Forman (NYSE: BF-B) reported earnings yesterday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Jan. 31 (Q3), Brown-Forman missed estimates on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue was unchanged and GAAP earnings per share dropped.

Margins dropped across the board.

Revenue details
Brown-Forman notched revenue of $959.0 million. The three analysts polled by S&P Capital IQ predicted sales of $1.00 billion on the same basis. GAAP reported sales were 0.9% lower than the prior-year quarter's $708.0 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 $0.93. The seven earnings estimates compiled by S&P Capital IQ predicted $1.01 per share. GAAP EPS of $0.93 for Q3 were 3.1% lower 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 64.3%, 120 basis points worse than the prior-year quarter. Operating margin was 29.4%, 260 basis points worse than the prior-year quarter. Net margin was 19.0%, 90 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $827.0 million. On the bottom line, the average EPS estimate is $0.74.

Next year's average estimate for revenue is $3.63 billion. The average EPS estimate is $3.66.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Brown-Forman is hold, with an average price target of $76.55.

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