Group 1 Automotive (NYSE: GPI) reported earnings on July 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Group 1 Automotive beat expectations on revenues and beat expectations on earnings per share.

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

Gross margins contracted, operating margins increased, net margins increased.

Revenue details
Group 1 Automotive logged revenue of $2.34 billion. The 10 analysts polled by S&P Capital IQ expected net sales of $2.24 billion on the same basis. GAAP reported sales were 23% higher than the prior-year quarter's $1.90 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 $1.52. The 12 earnings estimates compiled by S&P Capital IQ predicted $1.41 per share. Non-GAAP EPS of $1.52 for Q2 were 22% higher than the prior-year quarter's $1.25 per share. GAAP EPS of $1.43 for Q2 were 19% higher than the prior-year quarter's $1.20 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 14.6%, 50 basis points worse than the prior-year quarter. Operating margin was 3.5%, 20 basis points better than the prior-year quarter. Net margin was 1.6%, 10 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $2.30 billion. On the bottom line, the average EPS estimate is $1.49.

Next year's average estimate for revenue is $8.76 billion. The average EPS estimate is $5.32.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 94 members out of 132 rating the stock outperform, and 38 members rating it underperform. Among 48 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 42 give Group 1 Automotive 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 Group 1 Automotive is outperform, with an average price target of $74.73.

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