Quality Distribution (Nasdaq: QLTY) reported earnings on July 31. Here are the numbers you need to know.

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

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

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

Revenue details
Quality Distribution reported revenue of $239.3 million. The nine analysts polled by S&P Capital IQ expected revenue of $239.9 million on the same basis. GAAP reported sales were 12% higher than the prior-year quarter's $212.7 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 $0.20. The nine earnings estimates compiled by S&P Capital IQ forecast $0.20 per share. Non-GAAP EPS of $0.20 for Q2 were 17% lower than the prior-year quarter's $0.24 per share. GAAP EPS were -$1.18 for Q2 against $1.04 per share for the prior-year quarter.

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 26.2%, much better than the prior-year quarter. Operating margin was 6.5%, 110 basis points worse than the prior-year quarter. Net margin was -13.0%, much worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $245.4 million. On the bottom line, the average EPS estimate is $0.24.

Next year's average estimate for revenue is $947.1 million. The average EPS estimate is $0.79.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 91 members out of 93 rating the stock outperform, and two members rating it underperform. Among 28 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 28 give Quality Distribution a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Quality Distribution is outperform, with an average price target of $10.44.

Looking for alternatives to Quality Distribution? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.