Kohl's (NYSE: KSS) reported earnings on May 16. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended May 4 (Q1), Kohl's missed slightly on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped slightly. GAAP earnings per share expanded.

Gross margins grew, operating margins shrank, net margins shrank.

Revenue details
Kohl's booked revenue of $4.20 billion. The 17 analysts polled by S&P Capital IQ expected revenue of $4.27 billion on the same basis. GAAP reported sales were the same as the prior-year quarter's.

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 $0.66. The 20 earnings estimates compiled by S&P Capital IQ averaged $0.57 per share. GAAP EPS of $0.66 for Q1 were 4.8% higher than the prior-year quarter's $0.63 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 36.4%, 50 basis points better than the prior-year quarter. Operating margin was 7.5%, 10 basis points worse than the prior-year quarter. Net margin was 3.5%, 10 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $4.32 billion. On the bottom line, the average EPS estimate is $1.04.

Next year's average estimate for revenue is $19.47 billion. The average EPS estimate is $4.34.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 666 members out of 793 rating the stock outperform, and 127 members rating it underperform. Among 223 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 193 give Kohl's a green thumbs-up, and 30 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Kohl's is hold, with an average price target of $49.52.

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