LG Display (NYSE: LPL) reported earnings on July 19. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q2), LG Display missed estimates on revenues and missed estimates on earnings per share.

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

Gross margins dropped, operating margins increased, net margins expanded.

Revenue details
 LG Display logged revenue of $5.74 billion. The 26 analysts polled by S&P Capital IQ foresaw a top line of $6.34 billion on the same basis. GAAP reported sales were 5.1% lower than the prior-year quarter's $6.05 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 $0.26. The two earnings estimates compiled by S&P Capital IQ anticipated $0.28 per share. GAAP EPS were $0.26 for Q2 compared to -$0.27 per share for the prior-year quarter.

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 5.6%, 550 basis points worse than the prior-year quarter. Operating margin was 5.6%, 200 basis points better than the prior-year quarter. Net margin was 1.6%, 320 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $6.41 billion. On the bottom line, the average EPS estimate is $0.29.

Next year's average estimate for revenue is $25.14 billion. The average EPS estimate is $0.84.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 302 members out of 326 rating the stock outperform, and 24 members rating it underperform. Among 67 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 61 give LG Display a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on LG Display is hold, with an average price target of $14.07.

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