Patriot Transportation Holding (Nasdaq: PATR) reported earnings on May 1. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q2), Patriot Transportation Holding beat expectations on revenues and beat expectations on earnings per share.

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

Margins expanded across the board.

Revenue details
Patriot Transportation Holding logged revenue of $33.9 million. The two analysts polled by S&P Capital IQ anticipated revenue of $32.7 million on the same basis. GAAP reported sales were 8.1% higher than the prior-year quarter's $31.3 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 $0.24. The three earnings estimates compiled by S&P Capital IQ forecast $0.19 per share. GAAP EPS of $0.24 for Q2 were 41% higher than the prior-year quarter's $0.17 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 14.7%, 190 basis points better than the prior-year quarter. Operating margin was 12.7%, 170 basis points better than the prior-year quarter. Net margin was 6.7%, 150 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $34.7 million. On the bottom line, the average EPS estimate is $0.29.

Next year's average estimate for revenue is $133.9 million. The average EPS estimate is $1.02.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Patriot Transportation Holding is hold, with an average price target of $30.00.

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