LG Display (NYSE: LPL) reported earnings on July 26. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), LG Display met expectations on revenues and missed expectations on earnings per share.

Compared to the prior-year quarter, revenue improved and GAAP earnings per share shrank to a loss.

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

Revenue details
LG Display logged revenue of $6.05 billion. The 22 analysts polled by S&P Capital IQ predicted revenue of $6.00 billion on the same basis. GAAP reported sales were 6.8% higher than the prior-year quarter's $5.66 billion.

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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 -$0.14. The two earnings estimates compiled by S&P Capital IQ forecast -$0.07 per share. GAAP EPS were -$0.27 for Q2 against $0.06 per share for the prior-year quarter.

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 -0.4%, 790 basis points worse than the prior-year quarter. Operating margin was -0.4%, 40 basis points better than the prior-year quarter. Net margin was -1.6%, 200 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $6.37 billion. On the bottom line, the average EPS estimate is $0.15.

Next year's average estimate for revenue is $23.89 billion. The average EPS estimate is $0.02.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 305 members out of 329 rating the stock outperform, and 24 members rating it underperform. Among 69 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 60 give LG Display a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on LG Display is outperform, with an average price target of $12.16.