TRC Companies (NYSE: TRR) is expected to report Q1 earnings around Sep. 15. 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 TRC Companies's revenues will increase 6.6% and EPS will drop -46.2%.

The average estimate for revenue is $78.3 million. On the bottom line, the average EPS estimate is $0.14.

Revenue details
 Last quarter, TRC Companies booked revenue of $79.3 million. GAAP reported sales were 30% higher than the prior-year quarter's $57.7 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 $0.20. GAAP EPS of $0.13 for Q4 were 333% higher than the prior-year quarter's $0.03 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 16.3%, 100 basis points better than the prior-year quarter. Operating margin was 3.9%, 280 basis points better than the prior-year quarter. Net margin was 5.2%, 360 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $312.6 million. The average EPS estimate is $0.52.