PSS World Medical (Nasdaq: PSSI) reported earnings on Nov. 7. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Sep. 28 (Q2), PSS World Medical met expectations 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 shrank, net margins dropped.

Revenue details
 PSS World Medical booked revenue of $420.8 million. The eight analysts polled by S&P Capital IQ anticipated net sales of $426.2 million on the same basis. GAAP reported sales were 19% lower than the prior-year quarter's $521.8 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 $0.25. The six earnings estimates compiled by S&P Capital IQ predicted $0.29 per share. GAAP EPS of $0.31 for Q2 were 16% lower than the prior-year quarter's $0.37 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 33.8%, 180 basis points better than the prior-year quarter. Operating margin was 6.4%, 60 basis points worse than the prior-year quarter. Net margin was 3.6%, 20 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $432.0 million. On the bottom line, the average EPS estimate is $0.30.

Next year's average estimate for revenue is $1.71 billion. The average EPS estimate is $1.11.

Investor sentiment
 The stock has a one-star rating (out of five) at Motley Fool CAPS, with 61 members out of 75 rating the stock outperform, and 14 members rating it underperform. Among 30 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 25 give PSS World Medical a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on PSS World Medical is hold, with an average price target of $21.69.