United Parcel Service (NYSE: UPS) reported earnings on July 23. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q2), United Parcel Service met expectations on revenues and met expectations on earnings per share.

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

Gross margins grew, operating margins contracted, net margins dropped.

Revenue details
 United Parcel Service reported revenue of $13.51 billion. The 22 analysts polled by S&P Capital IQ looked for sales of $13.58 billion on the same basis. GAAP reported sales were the same as the prior-year quarter's.

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 $1.13. The 28 earnings estimates compiled by S&P Capital IQ predicted $1.13 per share. GAAP EPS of $1.13 for Q2 were 1.7% lower than the prior-year quarter's $1.15 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 48.3%, much better than the prior-year quarter. Operating margin was 12.9%, 20 basis points worse than the prior-year quarter. Net margin was 7.9%, 50 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $13.65 billion. On the bottom line, the average EPS estimate is $1.16.

Next year's average estimate for revenue is $55.89 billion. The average EPS estimate is $4.77.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,608 members out of 1,822 rating the stock outperform, and 214 members rating it underperform. Among 493 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 452 give United Parcel Service a green thumbs-up, and 41 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on United Parcel Service is outperform, with an average price target of $92.91.

Can your portfolio provide you with enough income to last through retirement? You'll need more than United Parcel Service. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.