Nordstrom (NYSE: JWN) reported earnings on May 10. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended April 28 (Q1), Nordstrom beat slightly on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue expanded and GAAP earnings per share improved.

Gross margins improved, operating margins contracted, and net margins shrank.

Revenue details
Nordstrom logged revenue of $2.54 billion. The five analysts polled by S&P Capital IQ foresaw revenue of $2.50 billion on the same basis. GAAP reported sales were 13% higher than the prior-year quarter's $2.32 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 $0.70. The 18 earnings estimates compiled by S&P Capital IQ forecast $0.75 per share. GAAP EPS of $0.70 for Q1 were 7.7% higher than the prior-year quarter's $0.65 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 38.1%, 10 basis points better than the prior-year quarter. Operating margin was 10.7%, 100 basis points worse than the prior-year quarter. Net margin was 5.7%, 50 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $3.00 billion. On the bottom line, the average EPS estimate is $0.83.

Next year's average estimate for revenue is $11.82 billion. The average EPS estimate is $3.47.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 505 members out of 645 rating the stock outperform, and 140 members rating it underperform. Among 190 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 166 give Nordstrom a green thumbs-up, and 24 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Nordstrom is outperform, with an average price target of $57.81.

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