Shire (Nasdaq: SHPG) reported earnings on July 25. Here are the numbers you need to know.

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

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

Gross margins shrank, operating margins grew, net margins increased.

Revenue details
 Shire recorded revenue of $1.28 billion. The 15 analysts polled by S&P Capital IQ wanted to see a top line of $1.22 billion on the same basis. GAAP reported sales were 5.5% higher than the prior-year quarter's $1.21 billion.

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 $1.79. The 15 earnings estimates compiled by S&P Capital IQ averaged $1.64 per share. Non-GAAP EPS of $1.79 for Q2 were 6.5% higher than the prior-year quarter's $1.68 per share. GAAP EPS of $0.45 for Q2 were 9.8% higher than the prior-year quarter's $0.41 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 86.2%, 120 basis points worse than the prior-year quarter. Operating margin was 29.9%, 460 basis points better than the prior-year quarter. Net margin was 20.3%, 60 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $1.22 billion. On the bottom line, the average EPS estimate is $1.60.

Next year's average estimate for revenue is $4.93 billion. The average EPS estimate is $6.68.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 113 members out of 132 rating the stock outperform, and 19 members rating it underperform. Among 42 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 33 give Shire a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Shire is outperform, with an average price target of $108.74.