TPC Group (Nasdaq: TPCG) reported earnings on Nov. 1. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q3), TPC Group whiffed on revenues and missed estimates on earnings per share.

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

Gross margins expanded, operating margins contracted, net margins expanded.

Revenue details
TPC Group tallied revenue of $510.6 million. The three analysts polled by S&P Capital IQ predicted sales of $750.5 million on the same basis. GAAP reported sales were 39% lower than the prior-year quarter's $835.3 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 $0.46. The three earnings estimates compiled by S&P Capital IQ predicted $0.58 per share. GAAP EPS of $0.46 for Q3 were 21% lower than the prior-year quarter's $0.58 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 15.4%, 500 basis points better than the prior-year quarter. Operating margin was 3.6%, 40 basis points worse than the prior-year quarter. Net margin was 1.4%, 30 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $590.1 million. On the bottom line, the average EPS estimate is $0.35.

Next year's average estimate for revenue is $2.71 billion. The average EPS estimate is $2.29.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 14 members out of 17 rating the stock outperform, and three members rating it underperform. Among two CAPS All-Star picks (recommendations by the highest-ranked CAPS members), two give TPC Group a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on TPC Group is outperform, with an average price target of $45.33.