ABB (NYSE: ABB) reported earnings on April 26. Here are the numbers you need to know.

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

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

Margins dropped across the board.

Revenue details
ABB recorded revenue of $8.91 billion. The 17 analysts polled by S&P Capital IQ predicted a top line of $8.87 billion on the same basis. GAAP reported sales were 6.0% higher than the prior-year quarter's $8.40 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 $0.30. The five earnings estimates compiled by S&P Capital IQ forecast $0.32 per share. GAAP EPS of $0.30 for Q1 were 3.4% higher than the prior-year quarter's $0.29 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 30.2%, 40 basis points worse than the prior-year quarter. Operating margin was 11.5%, 40 basis points worse than the prior-year quarter. Net margin was 7.7%, 10 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $9.83 billion. On the bottom line, the average EPS estimate is $0.39.

Next year's average estimate for revenue is $40.27 billion. The average EPS estimate is $1.54.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,764 members out of 1,807 rating the stock outperform, and 43 members rating it underperform. Among 318 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 312 give ABB a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ABB is outperform, with an average price target of $24.96.