C&J Energy Services (NYSE: CJES) reported earnings on July 31. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q2), C&J Energy Services missed slightly on revenues and beat expectations on earnings per share.

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

Margins dropped across the board.

Revenue details
 C&J Energy Services tallied revenue of $267.0 million. The seven analysts polled by S&P Capital IQ expected to see revenue of $271.1 million on the same basis. GAAP reported sales were 4.1% lower than the prior-year quarter's $278.4 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 $0.39. The 10 earnings estimates compiled by S&P Capital IQ anticipated $0.37 per share. Non-GAAP EPS of $0.39 for Q2 were 61% lower than the prior-year quarter's $1.00 per share. GAAP EPS of $0.38 for Q2 were 62% lower than the prior-year quarter's $0.99 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 32.4%, 540 basis points worse than the prior-year quarter. Operating margin was 13.1%, much worse than the prior-year quarter. Net margin was 7.8%, much worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $279.2 million. On the bottom line, the average EPS estimate is $0.36.

Next year's average estimate for revenue is $1.11 billion. The average EPS estimate is $1.59.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 214 members out of 221 rating the stock outperform, and seven members rating it underperform. Among 63 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 60 give C&J Energy Services a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on C&J Energy Services is outperform, with an average price target of $21.14.

Is C&J Energy Services 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.