Syntel (Nasdaq: SYNT) reported earnings on July 18. Here are the numbers you need to know.

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

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

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

Revenue details
Syntel reported revenue of $202.5 million. The 11 analysts polled by S&P Capital IQ wanted to see revenue of $197.6 million on the same basis. GAAP reported sales were 13% higher than the prior-year quarter's $179.0 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 $1.14. The nine earnings estimates compiled by S&P Capital IQ forecast $1.05 per share. GAAP EPS of $1.14 for Q2 were 9.6% higher than the prior-year quarter's $1.04 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 41.3%, much about the same as the prior-year quarter. Operating margin was 31.9%, 120 basis points better than the prior-year quarter. Net margin was 23.5%, 70 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $206.0 million. On the bottom line, the average EPS estimate is $1.15.

Next year's average estimate for revenue is $803.6 million. The average EPS estimate is $4.49.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 209 members out of 223 rating the stock outperform, and 14 members rating it underperform. Among 70 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 67 give Syntel a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Syntel is outperform, with an average price target of $73.00.

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