QR Energy (NYSE: QRE) reported earnings on Aug. 9. Here are the numbers you need to know.

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

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

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

Revenue details
QR Energy notched revenue of $62.2 million. The seven analysts polled by S&P Capital IQ expected a top line of $76.0 million on the same basis. GAAP reported sales were 97% higher than the prior-year quarter's $31.7 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 $0.22. The four earnings estimates compiled by S&P Capital IQ predicted $0.33 per share. GAAP EPS of $2.15 for Q2 were 389% higher than the prior-year quarter's $0.44 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 58.6%, 1,370 basis points worse than the prior-year quarter. Operating margin was 10.1%, 6,580 basis points worse than the prior-year quarter. Net margin was 159.3%, 10,900 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $78.1 million. On the bottom line, the average EPS estimate is $0.32.

Next year's average estimate for revenue is $308.1 million. The average EPS estimate is $1.33.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 39 members out of 41 rating the stock outperform, and two members rating it underperform. Among 12 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 12 give QR Energy a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on QR Energy is outperform, with an average price target of $23.60.