Frontline (NYSE: FRO) reported earnings on Aug. 31. Here are the numbers you need to know.

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

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

Margins expanded across the board.

Revenue details
 Frontline reported revenue of $109.6 million. The 10 analysts polled by S&P Capital IQ predicted revenue of $107.3 million on the same basis. GAAP reported sales were 20% lower than the prior-year quarter's $219.4 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 -$0.14. The 10 earnings estimates compiled by S&P Capital IQ predicted -$0.07 per share. GAAP EPS were -$0.31 for Q2 compared to -$0.45 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 36.3%, 440 basis points better than the prior-year quarter. Operating margin was 5.1%, 10 basis points better than the prior-year quarter. Net margin was -13.8%, 230 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $77.4 million. On the bottom line, the average EPS estimate is -$0.45.

Next year's average estimate for revenue is $376.0 million. The average EPS estimate is -$1.01.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Frontline is underperform, with an average price target of $4.39.

Is Frontline the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.