Pinnacle Entertainment (NYSE: PNK) reported earnings on Nov. 9. Here are the numbers you need to know.

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

Compared to the prior-year quarter, revenue grew slightly and GAAP loss per share didn't change.

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

Revenue details
Pinnacle Entertainment recorded revenue of $304.2 million. The 19 analysts polled by S&P Capital IQ wanted to see a top line of $307.2 million on the same basis. GAAP reported sales were 2.8% higher than the prior-year quarter's $295.9 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 $0.30. The 19 earnings estimates compiled by S&P Capital IQ predicted $0.17 per share. GAAP EPS of -$0.01 were the same as 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 67.9%, 80 basis points better than the prior-year quarter. Operating margin was 10.9%, 220 basis points worse than the prior-year quarter. Net margin was -0.1%, 20 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $317.5 million. On the bottom line, the average EPS estimate is $0.17.

Next year's average estimate for revenue is $1.21 billion. The average EPS estimate is $1.08.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 121 members out of 176 rating the stock outperform, and 55 members rating it underperform. Among 48 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 37 give Pinnacle Entertainment a green thumbs-up, and 11 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Pinnacle Entertainment is outperform, with an average price target of $14.32.