Goodyear Tire & Rubber (NYSE: GT) reported earnings on July 31. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Goodyear Tire & Rubber whiffed on revenues and crushed expectations on earnings per share.

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

Margins increased across the board.

Revenue details
Goodyear Tire & Rubber notched revenue of $5.15 billion. The four analysts polled by S&P Capital IQ expected a top line of $5.74 billion on the same basis. GAAP reported sales were 8.4% lower than the prior-year quarter's $5.62 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 $0.57. The eight earnings estimates compiled by S&P Capital IQ predicted $0.46 per share. GAAP EPS of $0.33 for Q2 were 106% higher than the prior-year quarter's $0.16 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 19.6%, 50 basis points better than the prior-year quarter. Operating margin was 6.1%, 40 basis points better than the prior-year quarter. Net margin was 1.8%, 100 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $6.14 billion. On the bottom line, the average EPS estimate is $0.74.

Next year's average estimate for revenue is $22.85 billion. The average EPS estimate is $1.98.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 478 members out of 577 rating the stock outperform, and 99 members rating it underperform. Among 130 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 101 give Goodyear Tire & Rubber a green thumbs-up, and 29 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Goodyear Tire & Rubber is outperform, with an average price target of $16.67.