Manitowoc (NYSE: MTW) reported earnings on Nov. 5. Here are the numbers you need to know.

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

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

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

Revenue details
Manitowoc logged revenue of $955.7 million. The 11 analysts polled by S&P Capital IQ expected a top line of $1.05 billion on the same basis. GAAP reported sales were 2.2% higher than the prior-year quarter's $935.4 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 $0.17. The 15 earnings estimates compiled by S&P Capital IQ predicted $0.29 per share. GAAP EPS of $0.17 for Q3 were 5.6% lower than the prior-year quarter's $0.18 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 24.7%, 80 basis points better than the prior-year quarter. Operating margin was 7.4%, 10 basis points worse than the prior-year quarter. Net margin was 2.3%, 20 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.06 billion. On the bottom line, the average EPS estimate is $0.21.

Next year's average estimate for revenue is $3.98 billion. The average EPS estimate is $0.83.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,719 members out of 1,771 rating the stock outperform, and 52 members rating it underperform. Among 419 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 416 give Manitowoc a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Manitowoc is outperform, with an average price target of $16.29.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.