Schlumberger (NYSE: SLB) reported earnings on July 19. Here are the numbers you need to know.

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

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

Margins grew across the board.

Revenue details
 Schlumberger chalked up revenue of $11.18 billion. The 24 analysts polled by S&P Capital IQ looked for a top line of $11.12 billion on the same basis. GAAP reported sales were 17% higher than the prior-year quarter's $10.45 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 $1.15. The 31 earnings estimates compiled by S&P Capital IQ predicted $1.10 per share. Non-GAAP EPS of $1.15 for Q2 were 9.5% higher than the prior-year quarter's $1.05 per share. (The prior-year quarter included $0.02 per share in earnings from discontinued operations.) GAAP EPS of $1.57 for Q2 were 50% higher than the prior-year quarter's $1.05 per share. (The prior-year quarter included $0.02 per share in earnings from discontinued operations.)

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 28.8%, 690 basis points better than the prior-year quarter. Operating margin was 25.6%, 750 basis points better than the prior-year quarter. Net margin was 17.1%, 370 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $11.62 billion. On the bottom line, the average EPS estimate is $1.21.

Next year's average estimate for revenue is $45.67 billion. The average EPS estimate is $4.66.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 2,999 members out of 3,082 rating the stock outperform, and 83 members rating it underperform. Among 546 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 529 give Schlumberger a green thumbs-up, and 17 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Schlumberger is outperform, with an average price target of $89.83.

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