McDermott International (NYSE: MDR) reported earnings on Feb. 28. Here are the numbers you need to know.

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

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

Margins grew across the board.

Revenue details
McDermott International booked revenue of $996.0 million. The 14 analysts polled by S&P Capital IQ anticipated revenue of $973.5 million on the same basis. GAAP reported sales were 22% higher than the prior-year quarter's $816.2 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 $0.17. The 16 earnings estimates compiled by S&P Capital IQ averaged $0.23 per share. GAAP EPS were $0.17 for Q4 against -$0.04 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 14.3%, 330 basis points better than the prior-year quarter. Operating margin was 8.3%, 320 basis points better than the prior-year quarter. Net margin was 4.1%, 530 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $771.5 million. On the bottom line, the average EPS estimate is $0.20.

Next year's average estimate for revenue is $3.12 billion. The average EPS estimate is $0.87.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,286 members out of 1,318 rating the stock outperform, and 32 members rating it underperform. Among 296 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 290 give McDermott International 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 McDermott International is outperform, with an average price target of $14.89.

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