Allergan (NYSE: AGN) reported earnings on July 31. Here are the numbers you need to know.

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

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

Margins expanded across the board.

Revenue details
 Allergan chalked up revenue of $1.60 billion. The 21 analysts polled by S&P Capital IQ looked for a top line of $1.56 billion on the same basis. GAAP reported sales were 7.1% higher than the prior-year quarter's $1.49 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
 EPS came in at $1.22. The 26 earnings estimates compiled by S&P Capital IQ forecast $1.20 per share. Non-GAAP EPS of $1.22 for Q2 were 14% higher than the prior-year quarter's $1.07 per share. GAAP EPS of $1.19 for Q2 were 24% higher than the prior-year quarter's $0.96 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Margin details
 For the quarter, gross margin was 87.5%, 100 basis points better than the prior-year quarter. Operating margin was 30.9%, 50 basis points better than the prior-year quarter. Net margin was 22.5%, 270 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $1.52 billion. On the bottom line, the average EPS estimate is $1.21.

Next year's average estimate for revenue is $6.17 billion. The average EPS estimate is $4.75.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 419 members out of 443 rating the stock outperform, and 24 members rating it underperform. Among 119 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 116 give Allergan 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 Allergan is outperform, with an average price target of $106.52.