Hawkins (Nasdaq: HWKN) reported earnings on July 31. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q1), Hawkins missed estimates on revenues and missed estimates on earnings per share.

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

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

Revenue details
Hawkins reported revenue of $94.7 million. The one analyst polled by S&P Capital IQ predicted revenue of $97.2 million on the same basis. GAAP reported sales were 5.2% higher than the prior-year quarter's $90.1 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
EPS came in at $0.48. The one earnings estimate compiled by S&P Capital IQ predicted $0.65 per share. GAAP EPS of $0.48 for Q1 were 14% higher than the prior-year quarter's $0.42 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Margin details
For the quarter, gross margin was 18.2%, 230 basis points worse than the prior-year quarter. Operating margin was 8.7%, 270 basis points worse than the prior-year quarter. Net margin was 5.4%, 50 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $103.8 million. On the bottom line, the average EPS estimate is $0.85.

Next year's average estimate for revenue is $408.4 million. The average EPS estimate is $2.68.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 225 members out of 233 rating the stock outperform, and eight members rating it underperform. Among 69 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 68 give Hawkins a green thumbs-up, and one give it a red thumbs-down.

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