Panasonic (NYSE: PC) reported earnings on July 31. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q1), Panasonic missed estimates on revenues and beat expectations on earnings per share.

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

Margins expanded across the board.

Revenue details
 Panasonic notched revenue of $22.70 billion. The six analysts polled by S&P Capital IQ predicted a top line of $23.54 billion on the same basis. GAAP reported sales were 5.1% lower than the prior-year quarter's $23.93 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 $0.07. The one earnings estimate compiled by S&P Capital IQ anticipated $0.04 per share. GAAP EPS were $0.07 for Q1 compared to -$0.16 per share for the prior-year quarter.

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 25.5%, 90 basis points better than the prior-year quarter. Operating margin was 2.1%, 180 basis points better than the prior-year quarter. Net margin was 0.7%, 230 basis points better than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $26.03 billion. On the bottom line, the average EPS estimate is $0.09.

Next year's average estimate for revenue is $101.27 billion. The average EPS estimate is $0.22.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 242 members out of 275 rating the stock outperform, and 33 members rating it underperform. Among 55 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 44 give Panasonic a green thumbs-up, and 11 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Panasonic is outperform, with an average price target of $10.12.