Standard Parking (Nasdaq: STAN) reported earnings on May 8. Here are the numbers you need to know.

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

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

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

Revenue details
Standard Parking notched revenue of $210.5 million. The four analysts polled by S&P Capital IQ foresaw a top line of $203.4 million on the same basis. GAAP reported sales were much higher than the prior-year quarter's $85.5 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 $0.11. The four earnings estimates compiled by S&P Capital IQ predicted $0.14 per share. Non-GAAP EPS of $0.11 for Q1 were 58% lower than the prior-year quarter's $0.26 per share. GAAP EPS dropped to zero from the prior-year quarter's $0.14.

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 54.1%, much better than the prior-year quarter. Operating margin was 1.5%, 790 basis points worse than the prior-year quarter. Net margin was 0.0%, 260 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $207.3 million. On the bottom line, the average EPS estimate is $0.18.

Next year's average estimate for revenue is $834.7 million. The average EPS estimate is $0.78.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 16 members out of 16 rating the stock outperform, and members rating it underperform. Among four CAPS All-Star picks (recommendations by the highest-ranked CAPS members), four give Standard Parking a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Standard Parking is buy, with an average price target of $25.33.

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Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool owns shares of Standard Chartered. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.