GP Strategies (NYSE: GPX) reported earnings on May 2. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended March 31 (Q1), GP Strategies missed slightly on revenues and met expectations on earnings per share.

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

Gross margins shrank, operating margins dropped, net margins grew.

Revenue details
 GP Strategies tallied revenue of $101.4 million. The four analysts polled by S&P Capital IQ hoped for a top line of $103.3 million on the same basis. GAAP reported sales were 8.3% higher than the prior-year quarter's $93.6 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 $0.26. The four earnings estimates compiled by S&P Capital IQ averaged $0.26 per share. GAAP EPS of $0.26 for Q1 were 13% higher than the prior-year quarter's $0.23 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 16.0%, 70 basis points worse than the prior-year quarter. Operating margin was 7.0%, 80 basis points worse than the prior-year quarter. Net margin was 4.9%, 20 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $110.8 million. On the bottom line, the average EPS estimate is $0.32.

Next year's average estimate for revenue is $437.6 million. The average EPS estimate is $1.26.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on GP Strategies is buy, with an average price target of $25.13.

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