Anheuser-Busch InBev (NYSE: BUD) reported earnings on July 31. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Anheuser-Busch InBev met expectations on revenues and beat expectations on earnings per share.

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

Gross margins expanded, operating margins contracted, net margins expanded.

Revenue details
Anheuser-Busch InBev booked revenue of $9.87 billion. The 13 analysts polled by S&P Capital IQ looked for revenue of $9.85 billion on the same basis. GAAP reported sales were 0.8% lower than the prior-year quarter's $9.95 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 $1.22. The four earnings estimates compiled by S&P Capital IQ predicted $1.12 per share. GAAP EPS of $1.19 for Q2 were 34% higher than the prior-year quarter's $0.89 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 57.4%, 90 basis points better than the prior-year quarter. Operating margin was 29.4%, 120 basis points worse than the prior-year quarter. Net margin was 19.9%, 530 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $10.40 billion. On the bottom line, the average EPS estimate is $1.27.

Next year's average estimate for revenue is $39.96 billion. The average EPS estimate is $4.67.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 240 members out of 260 rating the stock outperform, and 20 members rating it underperform. Among 70 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 65 give Anheuser-Busch InBev a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Anheuser-Busch InBev is outperform, with an average price target of $80.46.