Web.com Group (Nasdaq: WWWW) is expected to report Q2 earnings on July 31. 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 Web.com Group's revenue will expand 175.4% and EPS will expand 38.5%.

The average estimate for revenue is $116.3 million. On the bottom line, the average EPS estimate is $0.36.

Revenue details
Last quarter, Web.com Group chalked up revenue of $91.5 million. GAAP reported sales were much higher than the prior-year quarter's $39.5 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, non-GAAP EPS came in at $0.35. GAAP EPS were -$0.65 for Q1 compared to -$0.21 per share for the prior-year quarter.

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 57.8%, 260 basis points better than the prior-year quarter. Operating margin was -18.8%, 1,000 basis points worse than the prior-year quarter. Net margin was -32.5%, 1,830 basis points worse than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $471.9 million. The average EPS estimate is $1.52.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 123 members out of 151 rating the stock outperform, and 28 members rating it underperform. Among 41 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 29 give Web.com Group a green thumbs-up, and 12 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Web.com Group is buy, with an average price target of $17.57.

Internet software and services are being consumed in radically different ways, on new and increasingly mobile devices. Is Web.com Group on the right side of the revolution? Check out the changing landscape and meet the company that Motley Fool analysts expect to lead "The Next Trillion-Dollar Revolution." Click here for instant access to this free report.