Magnum Hunter Resources (NYSE: MHR) reported earnings on Aug. 9. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Magnum Hunter Resources whiffed on revenues and met expectations on earnings per share.

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

Margins expanded across the board.

Revenue details
Magnum Hunter Resources reported revenue of $60.3 million. The seven analysts polled by S&P Capital IQ hoped for revenue of $71.7 million on the same basis. GAAP reported sales were 86% higher than the prior-year quarter's $32.3 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 -$0.04. The 11 earnings estimates compiled by S&P Capital IQ anticipated -$0.04 per share. GAAP EPS were -$0.10 for Q2 compared to -$0.16 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 66.9%, 200 basis points better than the prior-year quarter. Operating margin was 20.7%, 3,660 basis points better than the prior-year quarter. Net margin was -12.4%, 3,410 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $72.5 million. On the bottom line, the average EPS estimate is -$0.04.

Next year's average estimate for revenue is $281.9 million. The average EPS estimate is -$0.12.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 163 members out of 174 rating the stock outperform, and 11 members rating it underperform. Among 24 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 18 give Magnum Hunter Resources a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Magnum Hunter Resources is buy, with an average price target of $7.73.