Standard Pacific (NYSE: SPF) reported earnings on April 30. Here are the numbers you need to know.

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

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

Margins improved across the board.

Revenue details
Standard Pacific chalked up revenue of $223.7 million. The six analysts polled by S&P Capital IQ expected revenue of $220.8 million on the same basis. GAAP reported sales were 57% higher than the prior-year quarter's $144.8 million.

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 $0.00. The seven earnings estimates compiled by S&P Capital IQ averaged $0.00 per share. GAAP EPS were $0.02 for Q1 against -$0.04 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 20.3%, 90 basis points better than the prior-year quarter. Operating margin was 3.7%, 620 basis points better than the prior-year quarter. Net margin was 3.7%, 1,390 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $288.8 million. On the bottom line, the average EPS estimate is $0.03.

Next year's average estimate for revenue is $1.15 billion. The average EPS estimate is $0.16.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 351 members out of 592 rating the stock outperform, and 241 members rating it underperform. Among 167 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 68 give Standard Pacific a green thumbs-up, and 99 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Standard Pacific is hold, with an average price target of $4.92.

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