Fairchild Semiconductor International (NYSE: FCS) reported earnings on Oct. 18. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Sep. 30 (Q3), Fairchild Semiconductor International missed estimates on revenues and beat expectations on earnings per share.

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

Margins dropped across the board.

Revenue details
 Fairchild Semiconductor International reported revenue of $358.8 million. The 13 analysts polled by S&P Capital IQ foresaw revenue of $368.8 million on the same basis. GAAP reported sales were 11% lower than the prior-year quarter's $403.2 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 $0.25. The 15 earnings estimates compiled by S&P Capital IQ predicted $0.17 per share. GAAP EPS of $0.19 for Q3 were 32% lower than the prior-year quarter's $0.28 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 33.5%, 250 basis points worse than the prior-year quarter. Operating margin was 8.3%, 360 basis points worse than the prior-year quarter. Net margin was 6.9%, 200 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $341.0 million. On the bottom line, the average EPS estimate is $0.11.

Next year's average estimate for revenue is $1.41 billion. The average EPS estimate is $0.56.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Fairchild Semiconductor International is outperform, with an average price target of $16.15.

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