WGL Holdings (NYSE: WGL) reported earnings on May 1. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q2), WGL Holdings beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue grew. Non-GAAP earnings per share grew. GAAP earnings per share increased significantly.

Margins expanded across the board.

Revenue details
WGL Holdings tallied revenue of $891.4 million. The five analysts polled by S&P Capital IQ foresaw a top line of $854.1 million on the same basis. GAAP reported sales were 6.2% higher than the prior-year quarter's $839.4 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 $1.75. The seven earnings estimates compiled by S&P Capital IQ predicted $1.49 per share. Non-GAAP EPS of $1.75 for Q2 were 11% higher than the prior-year quarter's $1.58 per share. GAAP EPS of $1.73 for Q2 were 20% higher than the prior-year quarter's $1.44 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 26.4%, 140 basis points better than the prior-year quarter. Operating margin was 17.5%, 100 basis points better than the prior-year quarter. Net margin was 10.1%, 130 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $454.0 million. On the bottom line, the average EPS estimate is $0.01.

Next year's average estimate for revenue is $2.44 billion. The average EPS estimate is $2.48.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 72 members out of 75 rating the stock outperform, and three members rating it underperform. Among 28 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 27 give WGL Holdings a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on WGL Holdings is hold, with an average price target of $40.88.

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