RealD (NYSE: RLD) is expected to report Q1 earnings on July 30. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict RealD's revenues will improve 18.5% and EPS will decrease -11.8%.

The average estimate for revenue is $70.6 million. On the bottom line, the average EPS estimate is $0.15.

Revenue details
Last quarter, RealD booked revenue of $50.0 million. GAAP reported sales were 14% lower than the prior-year quarter's $58.5 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $0.10. GAAP EPS of $0.10 for Q4 were 25% higher than the prior-year quarter's $0.08 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 56.2%, 460 basis points better than the prior-year quarter. Operating margin was 9.0%, 100 basis points worse than the prior-year quarter. Net margin was 11.1%, 350 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $262.9 million. The average EPS estimate is $0.42.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 64 members out of 91 rating the stock outperform, and 27 members rating it underperform. Among 22 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 11 give RealD a green thumbs-up, and 11 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on RealD is outperform, with an average price target of $16.75.

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