RTI International Metals (NYSE: RTI) reported earnings on July 30. Here are the numbers you need to know.

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

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

Gross margins expanded, operating margins grew, net margins dropped.

Revenue details
RTI International Metals logged revenue of $215.8 million. The 10 analysts polled by S&P Capital IQ expected to see a top line of $188.8 million on the same basis. GAAP reported sales were 13% higher than the prior-year quarter's $190.3 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 $0.24. The nine earnings estimates compiled by S&P Capital IQ anticipated $0.18 per share. Non-GAAP EPS of $0.24 for Q2 were 41% higher than the prior-year quarter's $0.17 per share. GAAP EPS of $0.04 for Q2 were 76% lower than the prior-year quarter's $0.17 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 20.4%, 120 basis points better than the prior-year quarter. Operating margin was 9.4%, 310 basis points better than the prior-year quarter. Net margin was 0.5%, 220 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $203.0 million. On the bottom line, the average EPS estimate is $0.25.

Next year's average estimate for revenue is $795.5 million. The average EPS estimate is $0.89.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 289 members out of 312 rating the stock outperform, and 23 members rating it underperform. Among 82 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 79 give RTI International Metals 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 RTI International Metals is outperform, with an average price target of $34.75.

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