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

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

Compared to the prior-year quarter, revenue grew significantly. Non-GAAP earnings per share dropped significantly. GAAP earnings per share contracted significantly.

Gross margins increased, operating margins dropped, net margins dropped.

Revenue details
 Expedia reported revenue of $1.21 billion. The 24 analysts polled by S&P Capital IQ predicted net sales of $1.26 billion on the same basis. GAAP reported sales were 16% higher than the prior-year quarter's $1.04 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 $0.64. The 25 earnings estimates compiled by S&P Capital IQ anticipated $0.81 per share. Non-GAAP EPS of $0.64 for Q2 were 28% lower than the prior-year quarter's $0.89 per share. GAAP EPS of $0.51 for Q2 were 33% lower than the prior-year quarter's $0.76 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 78.2%, 30 basis points better than the prior-year quarter. Operating margin was 8.3%, 690 basis points worse than the prior-year quarter. Net margin was 5.9%, 420 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $1.40 billion. On the bottom line, the average EPS estimate is $1.42.

Next year's average estimate for revenue is $4.74 billion. The average EPS estimate is $3.23.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 360 members out of 456 rating the stock outperform, and 96 members rating it underperform. Among 149 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 131 give Expedia a green thumbs-up, and 18 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Expedia is outperform, with an average price target of $71.61.

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