AGL Resources (NYSE: GAS) reported earnings on July 31. Here are the numbers you need to know.

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

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

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

Revenue details
 AGL Resources recorded revenue of $904.0 million. The four analysts polled by S&P Capital IQ anticipated revenue of $736.0 million on the same basis. GAAP reported sales were 32% higher than the prior-year quarter's $686.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
 EPS came in at $0.41. The eight earnings estimates compiled by S&P Capital IQ forecast $0.26 per share. GAAP EPS of $0.41 for Q2 were 46% higher than the prior-year quarter's $0.28 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Margin details
 For the quarter, gross margin was 29.2%, 400 basis points worse than the prior-year quarter. Operating margin was 12.3%, 140 basis points worse than the prior-year quarter. Net margin was 5.4%, 40 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $682.8 million. On the bottom line, the average EPS estimate is $0.16.

Next year's average estimate for revenue is $4.39 billion. The average EPS estimate is $2.64.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on AGL Resources is hold, with an average price target of $41.50.

Can your portfolio provide you with enough income to last through retirement? You'll need more than AGL Resources. 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.