Standard Pacific (NYSE: SPF) reported earnings on May 2. Here are the numbers you need to know.

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

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

Margins grew across the board.

Revenue details
 Standard Pacific chalked up revenue of $357.7 million. The eight analysts polled by S&P Capital IQ expected to see revenue of $354.8 million on the same basis. GAAP reported sales were 60% higher than the prior-year quarter's $227.3 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 $0.05. The nine earnings estimates compiled by S&P Capital IQ averaged $0.05 per share. GAAP EPS of $0.05 for Q1 were 150% higher than the prior-year quarter's $0.02 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 21.2%, 90 basis points better than the prior-year quarter. Operating margin was 8.4%, 470 basis points better than the prior-year quarter. Net margin was 6.0%, 230 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $441.1 million. On the bottom line, the average EPS estimate is $0.08.

Next year's average estimate for revenue is $1.89 billion. The average EPS estimate is $0.35.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 370 members out of 618 rating the stock outperform, and 248 members rating it underperform. Among 150 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 79 give Standard Pacific a green thumbs-up, and 71 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Standard Pacific is hold, with an average price target of $7.21.

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