Magnum Hunter Resources (NYSE: MHR) reported earnings on Nov. 14. Here are the numbers you need to know.

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

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

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

Revenue details
Magnum Hunter Resources reported revenue of $69.8 million. The 10 analysts polled by S&P Capital IQ anticipated revenue of $72.6 million on the same basis. GAAP reported sales were much higher than the prior-year quarter's $32.4 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 -$0.08. The 15 earnings estimates compiled by S&P Capital IQ anticipated -$0.06 per share. GAAP EPS were -$0.25 for Q3 compared to -$0.01 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 66.6%, 1,430 basis points better than the prior-year quarter. Operating margin was -14.0%, 2,770 basis points worse than the prior-year quarter. Net margin was -46.5%, 5,270 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $89.6 million. On the bottom line, the average EPS estimate is -$0.05.

Next year's average estimate for revenue is $279.4 million. The average EPS estimate is -$0.25.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 161 members out of 174 rating the stock outperform, and 13 members rating it underperform. Among 28 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 22 give Magnum Hunter Resources a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Magnum Hunter Resources is buy, with an average price target of $6.94.

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