HollyFrontier (NYSE: HFC) reported earnings on May 7. Here are the numbers you need to know.

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

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

Margins increased across the board.

Revenue details
HollyFrontier booked revenue of $4.71 billion. The four analysts polled by S&P Capital IQ expected revenue of $4.78 billion 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 $1.63. The 17 earnings estimates compiled by S&P Capital IQ anticipated $1.75 per share. GAAP EPS of $1.63 for Q1 were 41% higher than the prior-year quarter's $1.16 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 13.8%, 360 basis points better than the prior-year quarter. Operating margin was 11.7%, 320 basis points better than the prior-year quarter. Net margin was 7.1%, 220 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $5.03 billion. On the bottom line, the average EPS estimate is $1.91.

Next year's average estimate for revenue is $19.42 billion. The average EPS estimate is $6.90.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 812 members out of 846 rating the stock outperform, and 34 members rating it underperform. Among 223 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 217 give HollyFrontier a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on HollyFrontier is outperform, with an average price target of $57.93.

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