Vanguard Natural Resources (NYSE: VNR) reported earnings on Nov. 1. Here are the numbers you need to know.

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

Compared to the prior-year quarter, revenue grew and GAAP earnings per share contracted to a loss.

Margins contracted across the board.

Revenue details
Vanguard Natural Resources booked revenue of $78.9 million. The eight analysts polled by S&P Capital IQ predicted a top line of $100.3 million on the same basis. GAAP reported sales were 6.0% higher than the prior-year quarter's $74.4 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 $0.34. The 10 earnings estimates compiled by S&P Capital IQ predicted $0.39 per share. GAAP EPS were -$1.29 for Q3 compared to $2.50 per share for the prior-year quarter.

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 66.3%, 270 basis points worse than the prior-year quarter. Operating margin was -67.8%, 25,070 basis points worse than the prior-year quarter. Net margin was -87.1%, 18,910 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $103.3 million. On the bottom line, the average EPS estimate is $0.40.

Next year's average estimate for revenue is $374.9 million. The average EPS estimate is $1.56.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 259 members out of 273 rating the stock outperform, and 14 members rating it underperform. Among 68 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 66 give Vanguard Natural Resources a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Vanguard Natural Resources is outperform, with an average price target of $31.94.

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