Hawkins (Nasdaq: HWKN) reported earnings on May 30. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended April 1 (Q4), Hawkins missed estimates on revenues and earnings per share.

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

Margins improved across the board.

Revenue details
Hawkins recorded revenue of $83.2 million. The one analyst polled by S&P Capital IQ hoped for revenue of $88.8 million on the same basis. GAAP reported sales were 1.5% higher than the prior-year quarter's $82.0 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 $0.34. The one earnings estimate compiled by S&P Capital IQ averaged $0.50 per share. GAAP EPS of $0.34 for Q4 were 89% higher than the prior-year quarter's $0.18 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 16.2%, 160 basis points better than the prior-year quarter. Operating margin was 6.8%, 180 basis points better than the prior-year quarter. Net margin was 4.2%, 190 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $94.8 million. On the bottom line, the average EPS estimate is $0.62.

Next year's average estimate for revenue is $369.8 million. The average EPS estimate is $2.30.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 239 members out of 247 rating the stock outperform, and eight members rating it underperform. Among 66 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 66 give Hawkins a green thumbs-up.

Over the decades, small-cap stocks like Hawkins have produced market-beating returns, provided they're value-priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: 2 Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.