Rubicon Technology (Nasdaq: RBCN) is expected to report Q2 earnings on Aug. 2. Here's what Wall Street wants to see.

The 10-second takeaway
Comparing the upcoming quarter with the prior-year quarter, average analyst estimates predict Rubicon Technology's revenues will wither -62.5% and EPS will shrink to a loss.

The average estimate for revenue is $16.1 million. On the bottom line, the average EPS estimate is -$0.12.

Revenue details
Last quarter, Rubicon Technology reported revenue of $10.2 million. GAAP reported sales were 73% lower than the prior-year quarter's $38.0 million.

My

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 -$0.15. GAAP EPS were -$0.15 for Q1 versus $0.80 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 -33.4%, 9,650 basis points worse than the prior-year quarter. Operating margin was -65.1%, 11,840 basis points worse than the prior-year quarter. Net margin was -33.0%, 8,330 basis points worse than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $77.0 million. The average EPS estimate is -$0.11.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 159 members out of 193 rating the stock outperform, and 34 members rating it underperform. Among 43 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 29 give Rubicon Technology a green thumbs-up, and 14 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Rubicon Technology is hold, with an average price target of $12.05.

New mobile devices are changing the game, and potential profitability, at many semiconductor companies. Some will fail, some will tread water, and those in the right devices will shine. Where does Rubicon Technology fit in? Who will lead going forward? Check out "3 Hidden Winners of the iPhone, iPad, and Android Revolution." Get instant access to this free report.