Gulf Island Fabrication (Nasdaq: GIFI) reported earnings on April 26. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended March 31 (Q1), Gulf Island Fabrication beat expectations on revenues and missed estimates on earnings per share.

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

Margins shrank across the board.

Revenue details
 Gulf Island Fabrication logged revenue of $150.4 million. The four analysts polled by S&P Capital IQ foresaw revenue of $125.4 million on the same basis. GAAP reported sales were 33% higher than the prior-year quarter's $113.1 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 $0.19. The four earnings estimates compiled by S&P Capital IQ anticipated $0.20 per share. GAAP EPS of $0.19 for Q1 were 60% lower than the prior-year quarter's $0.47 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 4.5%, 670 basis points worse than the prior-year quarter. Operating margin was 2.9%, 600 basis points worse than the prior-year quarter. Net margin was 1.9%, 410 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $121.4 million. On the bottom line, the average EPS estimate is $0.24.

Next year's average estimate for revenue is $478.0 million. The average EPS estimate is $1.08.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 360 members out of 379 rating the stock outperform, and 19 members rating it underperform. Among 66 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 63 give Gulf Island Fabrication a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Gulf Island Fabrication is hold, with an average price target of $27.00.

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