HMS Holdings (Nasdaq: HMSY) reported earnings on April 26. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), HMS Holdings missed estimates on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue grew. Non-GAAP earnings per share grew significantly. GAAP earnings per share didn't move.

Margins contracted across the board.

Revenue details
HMS Holdings logged revenue of $116.6 million. The eight analysts polled by S&P Capital IQ expected revenue of $123.1 million on the same basis. GAAP reported sales were 8.7% higher than the prior-year quarter's $107.3 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 $0.15. The eight earnings estimates compiled by S&P Capital IQ forecast $0.18 per share. Non-GAAP EPS of $0.15 for Q1 were 88% higher than the prior-year quarter's $0.08 per share. GAAP EPS of $0.08 were the same as 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 33.4%, 300 basis points worse than the prior-year quarter. Operating margin was 13.1%, 180 basis points worse than the prior-year quarter. Net margin was 6.0%, 60 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $133.9 million. On the bottom line, the average EPS estimate is $0.22.

Next year's average estimate for revenue is $568.4 million. The average EPS estimate is $0.97.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 282 members out of 297 rating the stock outperform, and 15 members rating it underperform. Among 62 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 59 give HMS Holdings 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 HMS Holdings is outperform, with an average price target of $31.08.

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