Garmin (Nasdaq: GRMN) reported earnings on Oct. 31. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Sep. 29 (Q3), Garmin beat slightly on revenues and crushed expectations on earnings per share.

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

Gross margins grew, operating margins grew, net margins dropped.

Revenue details
 Garmin tallied revenue of $672.4 million. The 11 analysts polled by S&P Capital IQ expected a top line of $662.3 million on the same basis. GAAP reported sales were 0.8% higher than the prior-year quarter's $667.0 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 $0.74. The 13 earnings estimates compiled by S&P Capital IQ predicted $0.61 per share. GAAP EPS of $0.72 for Q3 were 6.5% lower than the prior-year quarter's $0.77 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 53.4%, 180 basis points better than the prior-year quarter. Operating margin was 23.8%, 110 basis points better than the prior-year quarter. Net margin was 20.9%, 160 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $864.5 million. On the bottom line, the average EPS estimate is $0.83.

Next year's average estimate for revenue is $2.80 billion. The average EPS estimate is $2.88.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 4,343 members out of 4,781 rating the stock outperform, and 438 members rating it underperform. Among 1,071 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 968 give Garmin a green thumbs-up, and 103 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Garmin is outperform, with an average price target of $48.68.

Can your retirement portfolio provide you with enough income to last? You'll need more than Garmin. Learn about crafting a smarter retirement plan in "The Shocking Can't-Miss Truth About Your Retirement." Click here for instant access to this free report.