hhgregg (NYSE: HGG) reported earnings on Nov. 2. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Sep. 30 (Q2), hhgregg missed estimates on revenues and beat expectations on earnings per share.

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

Gross margins grew, operating margins dropped, net margins dropped.

Revenue details
 hhgregg notched revenue of $587.6 million. The 16 analysts polled by S&P Capital IQ predicted a top line of $638.0 million on the same basis. GAAP reported sales were 5.0% lower than the prior-year quarter's $618.6 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 $0.11. The 16 earnings estimates compiled by S&P Capital IQ averaged $0.09 per share. GAAP EPS of $0.11 for Q2 were 31% lower 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 29.6%, 100 basis points better than the prior-year quarter. Operating margin was 1.1%, 60 basis points worse than the prior-year quarter. Net margin was 0.6%, 40 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $850.6 million. On the bottom line, the average EPS estimate is $0.58.

Next year's average estimate for revenue is $2.62 billion. The average EPS estimate is $0.92.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on hhgregg is hold, with an average price target of $8.52.

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