Assisted Living Concepts (NYSE: ALC) reported earnings on March 14. Here are the numbers you need to know.

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

Compared to the prior-year quarter, revenue dropped. Non-GAAP earnings per share dropped to a loss. GAAP earnings per share contracted to a loss.

Margins dropped across the board.

Revenue details
Assisted Living Concepts logged revenue of $57.0 million. The two analysts polled by S&P Capital IQ looked for revenue of $56.1 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.

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 -$0.03. The two earnings estimates compiled by S&P Capital IQ predicted -$0.02 per share. Non-GAAP EPS were -$0.03 for Q4 versus $0.27 per share for the prior-year quarter. GAAP EPS were -$0.11 for Q4 against $0.32 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 25.7%, much worse than the prior-year quarter. Operating margin was -1.8%, much worse than the prior-year quarter. Net margin was -4.6%, much worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $57.5 million. On the bottom line, the average EPS estimate is $0.04.

Next year's average estimate for revenue is $232.3 million. The average EPS estimate is $0.23.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 128 members out of 138 rating the stock outperform, and 10 members rating it underperform. Among 35 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 34 give Assisted Living Concepts a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Assisted Living Concepts is hold, with an average price target of $6.00.

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