Universal American Corp (NYSE: UAM) reported earnings on Nov. 2. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Sep. 30 (Q3), Universal American Corp met expectations on revenues and beat expectations on earnings per share.

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

Margins increased across the board.

Revenue details
 Universal American Corp recorded revenue of $549.4 million. The six analysts polled by S&P Capital IQ expected sales of $551.5 million on the same basis. GAAP reported sales were 5.6% lower than the prior-year quarter's $582.2 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 eight earnings estimates compiled by S&P Capital IQ averaged $0.15 per share. GAAP EPS of $0.16 for Q3 were 5.9% lower than the prior-year quarter's $0.17 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 26.4%, 710 basis points better than the prior-year quarter. Operating margin was 4.4%, 20 basis points better than the prior-year quarter. Net margin was 2.5%, 10 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $536.6 million. On the bottom line, the average EPS estimate is $0.11.

Next year's average estimate for revenue is $2.16 billion. The average EPS estimate is $0.63.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 58 members out of 64 rating the stock outperform, and six members rating it underperform. Among 22 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 22 give Universal American Corp a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Universal American Corp is hold, with an average price target of $11.17.