National Beverage (Nasdaq: FIZZ) reported earnings yesterday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Jan. 28 (Q3), National Beverage met expectations on revenues and met expectations on earnings per share.

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

Gross margins dropped, operating margins were steady, and net margins expanded.

Revenue details
National Beverage logged revenue of $136.4 million. The one analyst polled by S&P Capital IQ looked for a top line of $136.1 million on the same basis. GAAP reported sales were 3.4% higher than the prior-year quarter's $131.9 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 $0.17. The one earnings estimate compiled by S&P Capital IQ averaged $0.17 per share. GAAP EPS of $0.17 for Q3 were 6.3% higher than the prior-year quarter's $0.16 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 33.2%, 430 basis points worse than the prior-year quarter. Operating margin was 8.7%, about the same as the prior-year quarter. Net margin was 5.8%, 20 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $158.1 million. On the bottom line, the average EPS estimate is $0.26.

Next year's average estimate for revenue is $621.2 million. The average EPS estimate is $0.97.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 96 members rating the stock outperform and 22 members rating it underperform. Among 37 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 29 give National Beverage a green thumbs-up, and eight give it a red thumbs-down.

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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.