Canadian Natural Resources (NYSE: CNQ) reported earnings on Aug. 9. Here are the numbers you need to know.

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

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

Margins dropped across the board.

Revenue details
Canadian Natural Resources logged revenue of $3.75 billion. The six analysts polled by S&P Capital IQ anticipated revenue of $3.53 billion on the same basis. GAAP reported sales were 8.5% higher than the prior-year quarter's $3.46 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 $0.54. The 18 earnings estimates compiled by S&P Capital IQ anticipated $0.53 per share. GAAP EPS of $0.67 for Q2 were 23% lower than the prior-year quarter's $0.87 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 54.0%, 110 basis points worse than the prior-year quarter. Operating margin was 31.1%, 300 basis points worse than the prior-year quarter. Net margin was 19.7%, 820 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $3.67 billion. On the bottom line, the average EPS estimate is $0.48.

Next year's average estimate for revenue is $14.81 billion. The average EPS estimate is $1.96.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,486 members out of 1,517 rating the stock outperform, and 31 members rating it underperform. Among 347 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 344 give Canadian Natural Resources a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Canadian Natural Resources is outperform, with an average price target of $43.48.

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