Constellation Brands (NYSE: STZ) is expected to report Q2 earnings on Oct. 5. 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 Constellation Brands's revenues will expand 2.9% and EPS will wither -29.9%.

The average estimate for revenue is $710.1 million. On the bottom line, the average EPS estimate is $0.54.

Revenue details
Last quarter, Constellation Brands booked revenue of $634.8 million. GAAP reported sales were 0.1% lower than the prior-year quarter's $635.3 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 $0.40. GAAP EPS of $0.38 for Q1 were 8.6% higher than the prior-year quarter's $0.35 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 39.6%, 10 basis points better than the prior-year quarter. Operating margin was 17.3%, 100 basis points worse than the prior-year quarter. Net margin was 11.3%, 40 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.75 billion. The average EPS estimate is $1.98.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 325 members out of 360 rating the stock outperform, and 35 members rating it underperform. Among 102 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 97 give Constellation Brands a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Constellation Brands is outperform, with an average price target of $25.36.