Green Mountain Coffee Roasters (Nasdaq: GMCR) is expected to report Q3 earnings on Aug. 1. 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 Green Mountain Coffee Roasters's revenues will improve 21.9% and EPS will increase 11.4%.

The average estimate for revenue is $874.1 million. On the bottom line, the average EPS estimate is $0.49.

Revenue details
Last quarter, Green Mountain Coffee Roasters logged revenue of $885.1 million. GAAP reported sales were 37% higher than the prior-year quarter's $647.7 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, non-GAAP EPS came in at $0.59. GAAP EPS of $0.58 for Q2 were 32% higher than the prior-year quarter's $0.44 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 35.4%, 210 basis points worse than the prior-year quarter. Operating margin was 16.9%, 190 basis points worse than the prior-year quarter. Net margin was 10.5%, 40 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $3.87 billion. The average EPS estimate is $2.36.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 1,092 members out of 1,536 rating the stock outperform, and 444 members rating it underperform. Among 368 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 240 give Green Mountain Coffee Roasters a green thumbs-up, and 128 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Green Mountain Coffee Roasters is outperform, with an average price target of $86.00.