Precision Castparts (NYSE: PCP) reported earnings on July 25. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q1), Precision Castparts missed estimates on revenues and met expectations on earnings per share.

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

Margins grew across the board.

Revenue details
Precision Castparts reported revenue of $2.37 billion. The 18 analysts polled by S&P Capital IQ expected revenue of $2.52 billion on the same basis. GAAP reported sales were 20% higher than the prior-year quarter's $1.97 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $2.88. The 23 earnings estimates compiled by S&P Capital IQ predicted $2.90 per share. Non-GAAP EPS of $2.88 for Q1 were 23% higher than the prior-year quarter's $2.35 per share. (The prior-year quarter included -$0.01 per share in earnings from discontinued operations.) GAAP EPS of $2.96 for Q1 were 27% higher than the prior-year quarter's $2.33 per share. (The prior-year quarter included -$0.01 per share in earnings from discontinued operations.)

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 33.7%, 140 basis points better than the prior-year quarter. Operating margin was 27.2%, 100 basis points better than the prior-year quarter. Net margin was 18.4%, 100 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $2.49 billion. On the bottom line, the average EPS estimate is $2.88.

Next year's average estimate for revenue is $10.35 billion. The average EPS estimate is $12.27.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,290 members out of 1,323 rating the stock outperform, and 33 members rating it underperform. Among 397 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 392 give Precision Castparts a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Precision Castparts is outperform, with an average price target of $240.09.

Looking for alternatives to Precision Castparts? 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.