Owens-Illinois (NYSE: OI) reported earnings on Oct. 24. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Sep. 30 (Q3), Owens-Illinois met expectations on revenues and beat expectations on earnings per share.

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

Margins dropped across the board.

Revenue details
 Owens-Illinois notched revenue of $1.75 billion. The nine analysts polled by S&P Capital IQ wanted to see a top line of $1.74 billion on the same basis. GAAP reported sales were 6.2% lower than the prior-year quarter's $1.86 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 $0.69. The 13 earnings estimates compiled by S&P Capital IQ predicted $0.67 per share. GAAP EPS of $0.54 for Q3 were 23% lower than the prior-year quarter's $0.70 per share. (The prior-year quarter included -$0.02 per share in earnings from discontinued operations.)

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 19.6%, 120 basis points worse than the prior-year quarter. Operating margin was 11.3%, 110 basis points worse than the prior-year quarter. Net margin was 5.2%, 100 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $1.73 billion. On the bottom line, the average EPS estimate is $0.42.

Next year's average estimate for revenue is $7.00 billion. The average EPS estimate is $2.63.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 352 members out of 380 rating the stock outperform, and 28 members rating it underperform. Among 100 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 90 give Owens-Illinois a green thumbs-up, and 10 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Owens-Illinois is outperform, with an average price target of $24.36.