Ingredion (NYSE: INGR) reported earnings on July 31. Here are the numbers you need to know.

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

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

Margins increased across the board.

Revenue details
Ingredion chalked up revenue of $1.64 billion. The seven analysts polled by S&P Capital IQ expected to see net sales of $1.70 billion on the same basis. GAAP reported sales were 3.2% higher than the prior-year quarter's $1.58 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 $1.33. The nine earnings estimates compiled by S&P Capital IQ forecast $1.22 per share. GAAP EPS of $1.40 for Q2 were 39% higher than the prior-year quarter's $1.01 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 18.1%, 90 basis points better than the prior-year quarter. Operating margin was 10.2%, 100 basis points better than the prior-year quarter. Net margin was 6.7%, 170 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.76 billion. On the bottom line, the average EPS estimate is $1.33.

Next year's average estimate for revenue is $6.73 billion. The average EPS estimate is $5.18.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 327 members out of 349 rating the stock outperform, and 22 members rating it underperform. Among 86 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 76 give Ingredion a green thumbs-up, and 10 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ingredion is outperform, with an average price target of $66.30.