Coca-Cola (NYSE: KO) is expected to report Q3 earnings on Oct. 16. 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 Coca-Cola's revenues will expand 1.1% and EPS will grow 3.8%.

The average estimate for revenue is $12.38 billion. On the bottom line, the average EPS estimate is $0.54.

Revenue details
 Last quarter, Coca-Cola reported revenue of $13.08 billion. GAAP reported sales were 2.7% higher than the prior-year quarter's $12.74 billion.

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 $0.61. GAAP EPS of $0.61 for Q2 were 1.7% higher than the prior-year quarter's $0.60 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 60.1%, 80 basis points worse than the prior-year quarter. Operating margin was 25.7%, 50 basis points worse than the prior-year quarter. Net margin was 21.3%, 70 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $48.23 billion. The average EPS estimate is $2.19.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 6,280 members out of 6,592 rating the stock outperform, and 312 members rating it underperform. Among 1,778 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,717 give Coca-Cola a green thumbs-up, and 61 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Coca-Cola is outperform, with an average price target of $39.54.