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

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

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

Margins contracted across the board.

Revenue details
Hanger reported revenue of $273.7 million. The six analysts polled by S&P Capital IQ wanted to see a top line of $271.4 million on the same basis. GAAP reported sales were 8.7% higher than the prior-year quarter's $251.8 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 $0.52. The six earnings estimates compiled by S&P Capital IQ predicted $0.56 per share. Non-GAAP EPS of $0.52 for Q2 were 4.0% higher than the prior-year quarter's $0.50 per share. GAAP EPS of $0.40 for Q2 were 20% lower than the prior-year quarter's $0.50 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 36.9%, 100 basis points worse than the prior-year quarter. Operating margin was 13.5%, 70 basis points worse than the prior-year quarter. Net margin was 5.1%, 180 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $270.1 million. On the bottom line, the average EPS estimate is $0.58.

Next year's average estimate for revenue is $1.07 billion. The average EPS estimate is $2.09.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 113 members out of 120 rating the stock outperform, and seven members rating it underperform. Among 37 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 36 give Hanger a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Hanger is buy, with an average price target of $35.80.

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