Dril-Quip (NYSE: DRQ) reported earnings on Nov. 9. Here are the numbers you need to know.

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

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

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

Revenue details
 Dril-Quip logged revenue of $190.9 million. The eight analysts polled by S&P Capital IQ anticipated sales of $178.3 million on the same basis. GAAP reported sales were 23% higher than the prior-year quarter's $155.0 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 $0.73. The 10 earnings estimates compiled by S&P Capital IQ predicted $0.74 per share. GAAP EPS of $0.73 for Q3 were 26% higher than the prior-year quarter's $0.58 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 36.2%, 160 basis points worse than the prior-year quarter. Operating margin was 20.3%, 20 basis points worse than the prior-year quarter. Net margin was 15.5%, 50 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $182.3 million. On the bottom line, the average EPS estimate is $0.75.

Next year's average estimate for revenue is $714.5 million. The average EPS estimate is $2.93.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 341 members out of 362 rating the stock outperform, and 21 members rating it underperform. Among 102 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 98 give Dril-Quip a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Dril-Quip is hold, with an average price target of $75.20.

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