Imperial Oil (AMEX: IMO) reported earnings on April 26. Here are the numbers you need to know.

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

Compared with the prior-year quarter, revenue expanded and GAAP earnings per share grew significantly.

Gross margins dropped, operating margins improved, net margins expanded.

Revenue details
Imperial Oil reported revenue of $7.55 billion. The four analysts polled by S&P Capital IQ hoped for a top line of $7.61 billion on the same basis. GAAP reported sales were 12% higher than the prior-year quarter's $6.73 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 $1.19. The one earnings estimate compiled by S&P Capital IQ forecast $1.00 per share. GAAP EPS of $1.19 for Q1 were 27% higher than the prior-year quarter's $0.94 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 17.9%, 620 basis points worse than the prior-year quarter. Operating margin was 17.9%, 210 basis points better than the prior-year quarter. Net margin was 13.5%, 160 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $7.56 billion. On the bottom line, the average EPS estimate is $1.05.

Next year's average estimate for revenue is $32.59 billion. The average EPS estimate is $4.01.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 342 members out of 359 rating the stock outperform, and 17 members rating it underperform. Among 96 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 93 give Imperial Oil 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 Imperial Oil is hold, with an average price target of $51.89.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings. He is the 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 don't 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.