Owens-Illinois (NYSE: OI) reported earnings on April 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Owens-Illinois met expectations on revenue and beat expectations on earnings per share.

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

Margins grew across the board.

Revenue details
Owens-Illinois booked revenue of $1.74 billion. The 10 analysts polled by S&P Capital IQ looked for revenue of $1.75 billion on the same basis. GAAP reported sales were 1.2% 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 $0.73. The 12 earnings estimates compiled by S&P Capital IQ averaged $0.68 per share on the same basis. GAAP EPS of $0.72 for Q1 were 67% higher than the prior-year quarter's $0.43 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 21.7%, 230 basis points better than the prior-year quarter. Operating margin was 12.8%, 260 basis points better than the prior-year quarter. Net margin was 7.0%, 280 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.96 billion. On the bottom line, the average EPS estimate is $0.81.

Next year's average estimate for revenue is $7.46 billion. The average EPS estimate is $2.90.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 357 members out of 387 rating the stock outperform, and 30 members rating it underperform. Among 109 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 99 give Owens-Illinois a green thumbs-up, and 10 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Owens-Illinois is outperform, with an average price target of $29.40.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.