Universal Stainless & Alloy Products (Nasdaq: USAP) reported earnings on July 19. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Universal Stainless & Alloy Products whiffed on revenues and whiffed on earnings per share.

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

Margins shrank across the board.

Revenue details
Universal Stainless & Alloy Products reported revenue of $67.9 million. The one analyst polled by S&P Capital IQ looked for sales of $83.4 million on the same basis. GAAP reported sales were 7.2% higher than the prior-year quarter's $63.3 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 $0.60. The three earnings estimates compiled by S&P Capital IQ predicted $0.83 per share. GAAP EPS of $0.62 for Q2 were 22% lower than the prior-year quarter's $0.79 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 17.0%, 220 basis points worse than the prior-year quarter. Operating margin was 10.8%, 340 basis points worse than the prior-year quarter. Net margin was 6.6%, 210 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $82.9 million. On the bottom line, the average EPS estimate is $0.99.

Next year's average estimate for revenue is $328.2 million. The average EPS estimate is $3.52.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 391 members out of 411 rating the stock outperform, and 20 members rating it underperform. Among 87 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 87 give Universal Stainless & Alloy Products 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 Universal Stainless & Alloy Products is hold, with an average price target of $57.00.

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