Capital Product Partners (Nasdaq: CPLP) reported earnings on April 30. Here are the numbers you need to know.

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

Compared to the prior-year quarter, revenue was unchanged. Non-GAAP earnings per share contracted significantly. GAAP earnings per share expanded significantly.

Margins grew across the board.

Revenue details
 Capital Product Partners reported revenue of $40.0 million. The seven analysts polled by S&P Capital IQ predicted a top line of $39.1 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 seven earnings estimates compiled by S&P Capital IQ averaged $0.07 per share. Non-GAAP EPS of $0.03 for Q1 were 40% lower than the prior-year quarter's $0.05 per share. GAAP EPS of $0.28 for Q1 were 460% higher than the prior-year quarter's $0.05 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 63.8%, 160 basis points better than the prior-year quarter. Operating margin was 27.6%, 170 basis points better than the prior-year quarter. Net margin was 62.6%, much better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $43.7 million. On the bottom line, the average EPS estimate is $0.09.

Next year's average estimate for revenue is $171.5 million. The average EPS estimate is $0.31.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 169 members out of 178 rating the stock outperform, and nine members rating it underperform. Among 49 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 46 give Capital Product Partners 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 Capital Product Partners is outperform, with an average price target of $7.88.

Is Capital Product Partners 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.