Cott (NYSE: COT) reported earnings on Aug. 3. Here are the numbers you need to know.

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

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

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

Revenue details
Cott booked revenue of $625.8 million. The five analysts polled by S&P Capital IQ expected a top line of $618.0 million on the same basis. GAAP reported sales were 2.2% lower than the prior-year quarter's $640.0 million.

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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 $0.27. The seven earnings estimates compiled by S&P Capital IQ forecast $0.25 per share. GAAP EPS of $0.26 for Q2 were 7.1% lower than the prior-year quarter's $0.28 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 14.7%, 90 basis points better than the prior-year quarter. Operating margin was 7.0%, 30 basis points better than the prior-year quarter. Net margin was 4.0%, 10 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $619.8 million. On the bottom line, the average EPS estimate is $0.23.

Next year's average estimate for revenue is $2.33 billion. The average EPS estimate is $0.66.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 162 members out of 263 rating the stock outperform, and 101 members rating it underperform. Among 77 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 46 give Cott a green thumbs-up, and 31 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cott is outperform, with an average price target of $9.29.