Preformed Line Products (Nasdaq: PLPC) reported earnings on Nov. 7. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Sep. 30 (Q3), Preformed Line Products met expectations on revenues and crushed expectations on earnings per share.

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

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

Revenue details
Preformed Line Products booked revenue of $114.2 million. The one analyst polled by S&P Capital IQ foresaw a top line of $113.7 million on the same basis. GAAP reported sales were 5.1% higher than the prior-year quarter's $108.7 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 $1.71. The one earnings estimate compiled by S&P Capital IQ predicted $1.36 per share. GAAP EPS of $1.71 for Q3 were 38% higher than the prior-year quarter's $1.24 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 33.7%, 90 basis points worse than the prior-year quarter. Operating margin was 11.5%, 220 basis points better than the prior-year quarter. Net margin was 8.1%, 200 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $114.5 million. On the bottom line, the average EPS estimate is $1.18.

Next year's average estimate for revenue is $449.0 million. The average EPS estimate is $5.25.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 284 members out of 289 rating the stock outperform, and five members rating it underperform. Among 75 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 74 give Preformed Line Products a green thumbs-up, and one give it a red thumbs-down.

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.