Wesco Aircraft Holdings (NYSE: WAIR) reported earnings on July 31. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q3), Wesco Aircraft Holdings beat slightly on revenues and met expectations on earnings per share.

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

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

Revenue details
 Wesco Aircraft Holdings reported revenue of $230.2 million. The nine analysts polled by S&P Capital IQ expected to see a top line of $226.5 million on the same basis. GAAP reported sales were 22% higher than the prior-year quarter's $189.3 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 $0.31. The 11 earnings estimates compiled by S&P Capital IQ predicted $0.31 per share. Non-GAAP EPS of $0.31 for Q3 were 29% higher than the prior-year quarter's $0.24 per share. GAAP EPS of $0.28 for Q3 were 22% higher than the prior-year quarter's $0.23 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 35.6%, 10 basis points better than the prior-year quarter. Operating margin was 20.0%, 10 basis points better than the prior-year quarter. Net margin was 11.7%, 10 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $232.7 million. On the bottom line, the average EPS estimate is $0.31.

Next year's average estimate for revenue is $897.6 million. The average EPS estimate is $1.19.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Wesco Aircraft Holdings is hold, with an average price target of $17.15.

Looking for alternatives to Wesco Aircraft Holdings? It takes more than great companies to build a fortune for the future. Learn the basic financial habits of millionaires next door and get focused stock ideas in our free report, "3 Stocks That Will Help You Retire Rich." Click here for instant access to this free report.