Tesoro Logistics (NYSE: TLLP) reported earnings on Feb. 11. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Dec. 31 (Q4), Tesoro Logistics missed slightly on revenues and beat expectations on earnings per share.

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

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

Revenue details
 Tesoro Logistics logged revenue of $47.7 million. The six analysts polled by S&P Capital IQ expected a top line of $48.6 million on the same basis. GAAP reported sales were 72% higher than the prior-year quarter's $27.8 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 $0.53. The 10 earnings estimates compiled by S&P Capital IQ predicted $0.50 per share. GAAP EPS of $0.43 for Q4 were 16% higher than the prior-year quarter's $0.37 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 62.1%, 840 basis points worse than the prior-year quarter. Operating margin was 45.2%, 170 basis points better than the prior-year quarter. Net margin was 32.1%, 1,270 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $56.9 million. On the bottom line, the average EPS estimate is $0.56.

Next year's average estimate for revenue is $285.3 million. The average EPS estimate is $2.36.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 41 members out of 42 rating the stock outperform, and one members rating it underperform. Among 17 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 17 give Tesoro Logistics 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 Tesoro Logistics is buy, with an average price target of $49.89.

Is Tesoro Logistics the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.