FleetCor Technologies (NYSE: FLT) reported earnings on Aug. 8. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q2), FleetCor Technologies beat expectations on revenues and beat expectations on earnings per share.

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

Gross margins dropped, operating margins expanded, net margins increased.

Revenue details
 FleetCor Technologies booked revenue of $171.8 million. The four analysts polled by S&P Capital IQ anticipated net sales of $158.7 million on the same basis. GAAP reported sales were 28% higher than the prior-year quarter's $134.2 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 $0.73. The seven earnings estimates compiled by S&P Capital IQ predicted $0.65 per share. GAAP EPS of $0.63 for Q2 were 43% higher than the prior-year quarter's $0.44 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 74.0%, 20 basis points worse than the prior-year quarter. Operating margin was 47.4%, 280 basis points better than the prior-year quarter. Net margin was 31.7%, 430 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $161.5 million. On the bottom line, the average EPS estimate is $0.67.

Next year's average estimate for revenue is $625.1 million. The average EPS estimate is $2.58.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on FleetCor Technologies is outperform, with an average price target of $41.83.

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