Stein Mart (Nasdaq: SMRT) reported earnings on May 17. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended April 28 (Q1), Stein Mart met expectations on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue was unchanged and GAAP earnings per share dropped significantly.

Margins shrank across the board.

Revenue details
 Stein Mart reported revenue of $303.4 million. The three analysts polled by S&P Capital IQ wanted to see a top line of $305.7 million on the same basis. GAAP reported sales were 0.1% lower than the prior-year quarter's $303.5 million.

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 $0.27. The four earnings estimates compiled by S&P Capital IQ anticipated $0.30 per share. GAAP EPS of $0.27 for Q1 were 23% lower than the prior-year quarter's $0.35 per share.

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 28.8%, 80 basis points worse than the prior-year quarter. Operating margin was 6.7%, 130 basis points worse than the prior-year quarter. Net margin was 3.9%, 130 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $276.2 million. On the bottom line, the average EPS estimate is $0.01.

Next year's average estimate for revenue is $1.19 billion. The average EPS estimate is $0.34.

Investor sentiment
 The stock has a one-star rating (out of five) at Motley Fool CAPS, with 88 members out of 142 rating the stock outperform, and 54 members rating it underperform. Among 42 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 25 give Stein Mart a green thumbs-up, and 17 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Stein Mart is outperform, with an average price target of $8.50.

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