Colfax (NYSE: CFX) reported earnings on July 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 28 (Q2), Colfax met expectations on revenues and beat expectations on earnings per share.

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

Margins increased across the board.

Revenue details
Colfax reported revenue of $1.07 billion. The seven analysts polled by S&P Capital IQ hoped for net sales of $1.08 billion on the same basis. GAAP reported sales were the same as the prior-year quarter's.

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 $0.56. The 10 earnings estimates compiled by S&P Capital IQ anticipated $0.53 per share. Non-GAAP EPS of $0.56 for Q2 were 60% higher than the prior-year quarter's $0.35 per share. GAAP EPS of $0.52 for Q2 were much higher than the prior-year quarter's $0.07 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 31.5%, 10 basis points better than the prior-year quarter. Operating margin was 10.9%, 300 basis points better than the prior-year quarter. Net margin was 5.4%, 420 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $1.03 billion. On the bottom line, the average EPS estimate is $0.53.

Next year's average estimate for revenue is $4.16 billion. The average EPS estimate is $1.97.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 271 members out of 286 rating the stock outperform, and 15 members rating it underperform. Among 75 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 71 give Colfax a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Colfax is hold, with an average price target of $43.75.

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