ACCO Brands (NYSE: ACCO) reported earnings on Aug. 9. Here are the numbers you need to know.

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

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

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

Revenue details
ACCO Brands reported revenue of $438.7 million. The five analysts polled by S&P Capital IQ predicted sales of $489.9 million on the same basis. GAAP reported sales were 33% higher than the prior-year quarter's $330.2 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 $0.26. The five earnings estimates compiled by S&P Capital IQ averaged $0.22 per share. GAAP EPS of $0.98 for Q2 were 31% higher than the prior-year quarter's $0.75 per share. (The prior-year quarter included $0.64 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 30.8%, 120 basis points worse than the prior-year quarter. Operating margin was 11.6%, 230 basis points better than the prior-year quarter. Net margin was 21.5%, 830 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $540.1 million. On the bottom line, the average EPS estimate is $0.29.

Next year's average estimate for revenue is $1.99 billion. The average EPS estimate is $0.82.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ACCO Brands is outperform, with an average price target of $15.17.