Esterline Technologies (NYSE: ESL) reported earnings on May 31. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended April 27 (Q2), Esterline Technologies missed estimates on revenues and earnings per share.

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

Margins dropped across the board.

Revenue details
Esterline Technologies reported revenue of $504.8 million. The 10 analysts polled by S&P Capital IQ expected revenue of $515.2 million on the same basis. GAAP reported sales were 16% higher than the prior-year quarter's $435.3 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 $1.29. The seven earnings estimates compiled by S&P Capital IQ averaged $1.31 per share. GAAP EPS of $1.44 for Q2 were 2.0% lower than the prior-year quarter's $1.47 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 36.6%, 40 basis points worse than the prior-year quarter. Operating margin was 11.1%, 440 basis points worse than the prior-year quarter. Net margin was 9.0%, 150 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $521.9 million. On the bottom line, the average EPS estimate is $1.54.

Next year's average estimate for revenue is $2.06 billion. The average EPS estimate is $5.46.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 150 members out of 158 rating the stock outperform, and eight members rating it underperform. Among 50 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 48 give Esterline Technologies a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Esterline Technologies is outperform, with an average price target of $78.22.

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