Baker Hughes (NYSE: BHI) is expected to report Q3 earnings on Oct. 19. 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 Baker Hughes's revenues will expand 4.7% and EPS will wither -28.0%.

The average estimate for revenue is $5.42 billion. On the bottom line, the average EPS estimate is $0.85.

Revenue details
 Last quarter, Baker Hughes logged revenue of $5.33 billion. GAAP reported sales were 12% higher than the prior-year quarter's $4.74 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 $1.00. GAAP EPS of $1.00 for Q2 were 30% higher than the prior-year quarter's $0.77 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 20.1%, 150 basis points worse than the prior-year quarter. Operating margin was 12.0%, 100 basis points worse than the prior-year quarter. Net margin was 8.2%, 110 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $21.70 billion. The average EPS estimate is $3.67.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,178 members out of 1,223 rating the stock outperform, and 45 members rating it underperform. Among 299 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 291 give Baker Hughes 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 Baker Hughes is outperform, with an average price target of $56.38.

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