Graco (NYSE: GGG) reported earnings on Oct. 24. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Sep. 28 (Q3), Graco missed estimates on revenues and whiffed on earnings per share.

Compared to the prior-year quarter, revenue increased and GAAP earnings per share didn't change.

Margins dropped across the board.

Revenue details
 Graco logged revenue of $256.5 million. The six analysts polled by S&P Capital IQ looked for revenue of $273.5 million on the same basis. GAAP reported sales were 13% higher than the prior-year quarter's $227.3 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 $0.60. The seven earnings estimates compiled by S&P Capital IQ anticipated $0.70 per share. GAAP EPS of $0.60 were the same as 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 54.6%, 100 basis points worse than the prior-year quarter. Operating margin was 22.0%, 430 basis points worse than the prior-year quarter. Net margin was 14.5%, 160 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $265.7 million. On the bottom line, the average EPS estimate is $0.64.

Next year's average estimate for revenue is $1.04 billion. The average EPS estimate is $2.58.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Graco is outperform, with an average price target of $51.67.