Lowe's (NYSE: LOW) reported earnings on May 22. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended May 3 (Q1), Lowe's missed estimates on revenues and missed estimates on earnings per share.

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

Margins grew across the board.

Revenue details
 Lowe's tallied revenue of $13.09 billion. The 20 analysts polled by S&P Capital IQ expected a top line of $13.46 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 $0.49. The 24 earnings estimates compiled by S&P Capital IQ predicted $0.51 per share. GAAP EPS of $0.49 for Q1 were 14% higher than the prior-year quarter's $0.43 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 34.8%, 10 basis points better than the prior-year quarter. Operating margin was 7.5%, 30 basis points better than the prior-year quarter. Net margin was 4.1%, 10 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $14.96 billion. On the bottom line, the average EPS estimate is $0.78.

Next year's average estimate for revenue is $52.49 billion. The average EPS estimate is $2.11.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 2,137 members out of 2,427 rating the stock outperform, and 290 members rating it underperform. Among 720 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 682 give Lowe's a green thumbs-up, and 38 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Lowe's is outperform, with an average price target of $40.26.

Is Lowe's the right retailer for your portfolio? Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks," including one above-average retailing powerhouse. Click here for instant access to this free report.