Dole Food (NYSE: DOLE) reported earnings on July 26. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 16 (Q2), Dole Food missed estimates on revenues and beat expectations on earnings per share.

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

Gross margins expanded, operating margins dropped, net margins dropped.

Revenue details
 Dole Food logged revenue of $1.72 billion. The five analysts polled by S&P Capital IQ predicted a top line of $1.82 billion on the same basis. GAAP reported sales were 10% lower than the prior-year quarter's $1.92 billion.

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 $0.80. The five earnings estimates compiled by S&P Capital IQ anticipated $0.72 per share. GAAP EPS of $0.73 for Q2 were 22% lower than the prior-year quarter's $0.93 per share.

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 13.6%, 10 basis points better than the prior-year quarter. Operating margin was 5.7%, 100 basis points worse than the prior-year quarter. Net margin was 3.7%, 60 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $2.08 billion. On the bottom line, the average EPS estimate is $0.14.

Next year's average estimate for revenue is $6.96 billion. The average EPS estimate is $1.31.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 91 members out of 96 rating the stock outperform, and five members rating it underperform. Among 22 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 19 give Dole Food 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 Dole Food is outperform, with an average price target of $11.00.

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