Gafisa (NYSE: GFA) reported earnings on Nov. 12. Here are the numbers you need to know.

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

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

Margins contracted across the board.

Revenue details
Gafisa notched revenue of $523.8 million. The five analysts polled by S&P Capital IQ anticipated revenue of $477.1 million on the same basis. GAAP reported sales were 3.4% lower than the prior-year quarter's $542.1 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 $0.01. The two earnings estimates compiled by S&P Capital IQ predicted $0.05 per share. GAAP EPS of $0.01 for Q3 were 89% lower than the prior-year quarter's $0.09 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 29.0%, 50 basis points worse than the prior-year quarter. Operating margin was 9.8%, 380 basis points worse than the prior-year quarter. Net margin was 0.5%, 410 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $459.7 million. On the bottom line, the average EPS estimate is $0.08.

Next year's average estimate for revenue is $1.83 billion. The average EPS estimate is $0.21.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 362 members out of 401 rating the stock outperform, and 39 members rating it underperform. Among 63 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 53 give Gafisa a green thumbs-up, and 10 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Gafisa is outperform, with an average price target of $4.43.