Materion (NYSE: MTRN) reported earnings on July 26. Here are the numbers you need to know.

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

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

Margins increased across the board.

Revenue details
Materion tallied revenue of $306.1 million. The five analysts polled by S&P Capital IQ looked for revenue of $322.7 million on the same basis. GAAP reported sales were 5.8% lower than the prior-year quarter's $325.1 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 $0.43. The four earnings estimates compiled by S&P Capital IQ anticipated $0.42 per share. GAAP EPS of $0.43 for Q2 were 13% higher than the prior-year quarter's $0.38 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 17.3%, 100 basis points better than the prior-year quarter. Operating margin was 4.4%, 40 basis points better than the prior-year quarter. Net margin was 2.9%, 50 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $287.5 million. On the bottom line, the average EPS estimate is $0.38.

Next year's average estimate for revenue is $1.23 billion. The average EPS estimate is $1.73.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 240 members out of 261 rating the stock outperform, and 21 members rating it underperform. Among 61 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 55 give Materion 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 Materion is outperform, with an average price target of $33.75.

Is Materion the right metals stock for you? Find out the best way to profit from inflation and gold with a little-known company we profile in, "The Tiny Gold Stock Digging Up Massive Profits." Click here for instant access to this free report.