Federal-Mogul (Nasdaq: FDML) reported earnings yesterday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Federal-Mogul missed estimates on revenues and missed estimates on earnings per share.

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

Margins dropped across the board.

Revenue details
Federal-Mogul booked revenue of $1.76 billion. The two analysts polled by S&P Capital IQ predicted sales of $1.80 billion on the same basis. GAAP reported sales were 2.3% higher than the prior-year quarter's $1.72 billion.

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 $0.37. The one earnings estimate compiled by S&P Capital IQ forecast $0.50 per share on the same basis. GAAP EPS of $0.32 for Q1 were 37% lower than the prior-year quarter's $0.51 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 15.7%, 50 basis points worse than the prior-year quarter. Operating margin was 4.3%, 90 basis points worse than the prior-year quarter. Net margin was 1.8%, 120 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.90 billion. On the bottom line, the average EPS estimate is $0.65.

Next year's average estimate for revenue is $7.29 billion. The average EPS estimate is $2.04.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 42 members rating the stock outperform and 26 members rating it underperform. Among 17 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 13 give Federal-Mogul 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 Federal-Mogul is outperform, with an average price target of $18.

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