McDermott International (NYSE: MDR) is expected to report Q2 earnings on Aug. 6. 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 McDermott International's revenues will increase 5.4% and EPS will compress -18.5%.

The average estimate for revenue is $895.7 million. On the bottom line, the average EPS estimate is $0.22.

Revenue details
Last quarter, McDermott International reported revenue of $727.7 million. GAAP reported sales were 19% lower than the prior-year quarter's $899.2 million.

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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 $0.25. GAAP EPS of $0.26 for Q1 were 13% lower than the prior-year quarter's $0.30 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 17.9%, 100 basis points better than the prior-year quarter. Operating margin was 11.5%, 80 basis points better than the prior-year quarter. Net margin was 8.6%, 80 basis points better than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $3.48 billion. The average EPS estimate is $0.96.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,308 members out of 1,340 rating the stock outperform, and 32 members rating it underperform. Among 287 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 279 give McDermott International a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on McDermott International is outperform, with an average price target of $17.06.

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