Express (NYSE: EXPR) reported earnings on Nov. 28. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Oct. 27 (Q3), Express met expectations on revenues and beat expectations on earnings per share.

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

Margins dropped across the board.

Revenue details
Express notched revenue of $468.5 million. The eight analysts polled by S&P Capital IQ foresaw sales of $468.8 million on the same basis. GAAP reported sales were 3.8% lower than the prior-year quarter's $486.8 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 $0.20. The 11 earnings estimates compiled by S&P Capital IQ predicted $0.17 per share. GAAP EPS of $0.20 for Q3 were 46% lower than the prior-year quarter's $0.37 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 32.3%, 380 basis points worse than the prior-year quarter. Operating margin was 7.3%, 520 basis points worse than the prior-year quarter. Net margin was 3.7%, 300 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $696.1 million. On the bottom line, the average EPS estimate is $0.60.

Next year's average estimate for revenue is $2.11 billion. The average EPS estimate is $1.43.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 68 members out of 75 rating the stock outperform, and seven members rating it underperform. Among 19 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 15 give Express a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Express is outperform, with an average price target of $16.40.