Procter & Gamble (NYSE: PG) reported earnings on Jan. 27. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q2), Procter & Gamble met expectations on revenues and beat expectations on earnings per share.

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

Margins dropped across the board.

Revenue details
Procter & Gamble logged revenue of $22.14 billion. The 16 analysts polled by S&P Capital IQ hoped for revenue of $22.19 billion. Sales were 3.7% higher than the prior-year quarter's $21.35 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.

EPS details
Non-GAAP EPS came in at $1.10. The 17 earnings estimates compiled by S&P Capital IQ averaged $1.08 per share on the same basis. GAAP EPS of $0.57 for Q2 were 49% lower than the prior-year quarter's $1.11 per share.

Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 49.7%, 210 basis points worse than the prior-year quarter. Operating margin was 19.4%, 60 basis points worse than the prior-year quarter. Net margin was 7.6%, 800 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $20.92 billion. On the bottom line, the average EPS estimate is $1.06.

Next year's average estimate for revenue is $86.11 billion. The average EPS estimate is $4.16.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 7,296 members out of 7,525 rating the stock outperform, and 229 members rating it underperform. Among 1,930 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,902 give Procter & Gamble a green thumbs-up, and 28 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Procter & Gamble is outperform, with an average price target of $71.41.

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