LG Display (NYSE: LPL) reported earnings on April 24. Here are the numbers you need to know.

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

Compared with the prior-year quarter, revenue grew and GAAP loss per share improved.

Gross margins contracted, operating margins grew, net margins were steady.

Revenue details
LG Display reported revenue of $5.46 billion. The 18 analysts polled by S&P Capital IQ anticipated sales of $5.63 billion on the same basis. GAAP reported sales were 12% higher than the prior-year quarter's $4.88 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 -$0.32. The one earnings estimate compiled by S&P Capital IQ predicted -$0.16 per share. GAAP EPS were -$0.32 for Q1 compared to -$0.29 per share for the prior-year quarter.

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 -2.9%, 720 basis points worse than the prior-year quarter. Operating margin was -2.9%, 220 basis points better than the prior-year quarter. Net margin was -2.1%, about the same as the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $6.06 billion. On the bottom line, the average EPS estimate is -$0.11.

Next year's average estimate for revenue is $23.96 billion. The average EPS estimate is -$0.07.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 311 members out of 337 rating the stock outperform, and 26 members rating it underperform. Among 84 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 76 give LG Display a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on LG Display is outperform, with an average price target of $12.53.

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.