Cott (NYSE: COT) reported earnings on Nov. 1. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 29 (Q3), Cott missed estimates on revenues and missed estimates on earnings per share.

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

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

Revenue details
Cott booked revenue of $583.8 million. The five analysts polled by S&P Capital IQ predicted sales of $616.5 million on the same basis. GAAP reported sales were 4.5% lower than the prior-year quarter's $611.3 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 $0.16. The nine earnings estimates compiled by S&P Capital IQ forecast $0.19 per share. GAAP EPS of $0.15 for Q3 were 12% lower than the prior-year quarter's $0.17 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 12.5%, 140 basis points better than the prior-year quarter. Operating margin was 5.0%, 20 basis points better than the prior-year quarter. Net margin was 2.5%, 20 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $562.1 million. On the bottom line, the average EPS estimate is $0.10.

Next year's average estimate for revenue is $2.33 billion. The average EPS estimate is $0.62.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 163 members out of 265 rating the stock outperform, and 102 members rating it underperform. Among 77 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 50 give Cott a green thumbs-up, and 27 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cott is outperform, with an average price target of $10.50.