Natural Resource Partners (NYSE: NRP) reported earnings on May 6. Here are the numbers you need to know.

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

Compared to the prior-year quarter, revenue increased slightly. GAAP earnings per share dropped.

Margins dropped across the board.

Revenue details
Natural Resource Partners logged revenue of $94.3 million. The four analysts polled by S&P Capital IQ hoped for a top line of $87.6 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 $0.43. The two earnings estimates compiled by S&P Capital IQ anticipated $0.43 per share. GAAP EPS of $0.43 for Q1 were 8.5% lower than the prior-year quarter's $0.47 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 94.5%, 480 basis points worse than the prior-year quarter. Operating margin was 66.6%, 400 basis points worse than the prior-year quarter. Net margin was 50.8%, 500 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $89.3 million. On the bottom line, the average EPS estimate is $0.43.

Next year's average estimate for revenue is $361.5 million. The average EPS estimate is $1.71.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 371 members out of 397 rating the stock outperform, and 26 members rating it underperform. Among 115 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 106 give Natural Resource Partners a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Natural Resource Partners is outperform, with an average price target of $26.75.

Is Natural Resource 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.