Timken (NYSE: TKR) reported earnings on April 24. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended March 31 (Q1), Timken beat expectations on revenues and crushed expectations on earnings per share.

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

Margins expanded across the board.

Revenue details
 Timken booked revenue of $1.42 billion. The seven analysts polled by S&P Capital IQ expected sales of $1.37 billion on the same basis. GAAP reported sales were 13% higher than the prior-year quarter's $1.25 billion.

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 $1.58. The five earnings estimates compiled by S&P Capital IQ averaged $1.26 per share. GAAP EPS of $1.58 for Q1 were 40% higher than the prior-year quarter's $1.13 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 29.0%, 240 basis points better than the prior-year quarter. Operating margin was 17.4%, 280 basis points better than the prior-year quarter. Net margin was 11.0%, 200 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $1.45 billion. On the bottom line, the average EPS estimate is $1.40.

Next year's average estimate for revenue is $5.60 billion. The average EPS estimate is $5.20.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 193 members out of 207 rating the stock outperform, and 14 members rating it underperform. Among 69 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 66 give Timken a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Timken is buy, with an average price target of $62.40.