Bridgepoint Education (NYSE: BPI) reported earnings on Nov. 5. Here are the numbers you need to know.

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

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

Margins dropped across the board.

Revenue details
Bridgepoint Education chalked up revenue of $252.1 million. The 11 analysts polled by S&P Capital IQ predicted sales of $257.5 million on the same basis. GAAP reported sales were 3.8% higher than the prior-year quarter's $242.8 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 $0.56. The 11 earnings estimates compiled by S&P Capital IQ forecast $0.69 per share. GAAP EPS of $0.56 for Q3 were 28% lower than the prior-year quarter's $0.78 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 70.0%, 130 basis points worse than the prior-year quarter. Operating margin was 19.7%, 900 basis points worse than the prior-year quarter. Net margin was 12.5%, 550 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $230.0 million. On the bottom line, the average EPS estimate is $0.37.

Next year's average estimate for revenue is $994.3 million. The average EPS estimate is $2.60.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Bridgepoint Education is hold, with an average price target of $15.00.