Superior Energy Services (NYSE: SPN) reported earnings on Aug. 6. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Superior Energy Services missed estimates on revenues and met expectations on earnings per share.

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

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

Revenue details
Superior Energy Services booked revenue of $1.24 billion. The eight analysts polled by S&P Capital IQ predicted sales of $1.28 billion on the same basis. GAAP reported sales were much higher than the prior-year quarter's $479.9 million.

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 $0.83. The 11 earnings estimates compiled by S&P Capital IQ predicted $0.82 per share. GAAP EPS of $0.89 for Q2 were 51% higher than the prior-year quarter's $0.59 per share. (The prior-year quarter included $0.08 per share in earnings from discontinued operations.)

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 42.8%, 500 basis points worse than the prior-year quarter. Operating margin was 19.2%, 350 basis points better than the prior-year quarter. Net margin was 11.4%, 140 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.21 billion. On the bottom line, the average EPS estimate is $0.67.

Next year's average estimate for revenue is $4.62 billion. The average EPS estimate is $2.83.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 839 members out of 850 rating the stock outperform, and 11 members rating it underperform. Among 168 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 165 give Superior 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 Superior Energy Services is buy, with an average price target of $37.05.

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