Boston Beer (NYSE: SAM) reported earnings on Nov. 1. Here are the numbers you need to know.

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

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

Gross margins shrank, operating margins increased, net margins grew.

Revenue details
Boston Beer tallied revenue of $166.4 million. The four analysts polled by S&P Capital IQ expected revenue of $153.7 million on the same basis. GAAP reported sales were 23% higher than the prior-year quarter's $134.8 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 $1.53. The five earnings estimates compiled by S&P Capital IQ anticipated $1.35 per share. GAAP EPS of $1.53 for Q3 were 29% higher than the prior-year quarter's $1.19 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 56.0%, 40 basis points worse than the prior-year quarter. Operating margin was 20.0%, 40 basis points better than the prior-year quarter. Net margin was 12.5%, 40 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $150.6 million. On the bottom line, the average EPS estimate is $1.14.

Next year's average estimate for revenue is $564.8 million. The average EPS estimate is $4.17.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Boston Beer is hold, with an average price target of $108.14.