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

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

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

Margins increased across the board.

Revenue details
Wipro reported revenue of $2.01 billion. The 22 analysts polled by S&P Capital IQ anticipated revenue of $2.06 billion on the same basis. GAAP reported sales were 10% higher than the prior-year quarter's $1.83 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 $0.12. The seven earnings estimates compiled by S&P Capital IQ averaged $0.12 per share. GAAP EPS of $0.12 for Q2 were 9.1% higher than the prior-year quarter's $0.11 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 31.2%, 320 basis points better than the prior-year quarter. Operating margin was 17.3%, 170 basis points better than the prior-year quarter. Net margin was 15.1%, 60 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $2.06 billion. On the bottom line, the average EPS estimate is $0.12.

Next year's average estimate for revenue is $8.10 billion. The average EPS estimate is $0.49.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 383 members out of 417 rating the stock outperform, and 34 members rating it underperform. Among 82 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 75 give Wipro a green thumbs-up, and seven give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Wipro is hold, with an average price target of $8.79.

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