LIN TV (NYSE: TVL) reported earnings on July 30. Here are the numbers you need to know.

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

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

Margins shrank across the board.

Revenue details
 LIN TV reported revenue of $164.3 million. The two analysts polled by S&P Capital IQ expected to see a top line of $167.8 million on the same basis. GAAP reported sales were 36% higher than the prior-year quarter's $121.0 million.

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 $0.14. The two earnings estimates compiled by S&P Capital IQ anticipated $0.20 per share. Non-GAAP EPS of $0.14 for Q2 were 48% lower than the prior-year quarter's $0.27 per share. (The prior-year quarter included $0.21 per share in earnings from discontinued operations.) GAAP EPS of $0.13 for Q2 were 73% lower than the prior-year quarter's $0.48 per share. (The prior-year quarter included $0.21 per share in earnings from discontinued operations.)

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 61.3%, 790 basis points worse than the prior-year quarter. Operating margin was 16.7%, much worse than the prior-year quarter. Net margin was 4.5%, much worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $164.8 million. On the bottom line, the average EPS estimate is $0.14.

Next year's average estimate for revenue is $648.7 million. The average EPS estimate is $0.51.

Investor sentiment
 The stock has a one-star rating (out of five) at Motley Fool CAPS, with 50 members out of 82 rating the stock outperform, and 32 members rating it underperform. Among 23 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 14 give LIN TV a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on LIN TV is buy, with an average price target of $14.00.

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