Snap-on (NYSE: SNA) is expected to report Q3 earnings on Oct. 18. 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 Snap-on's revenues will expand 1.3% and EPS will grow 6.0%.

The average estimate for revenue is $706.6 million. On the bottom line, the average EPS estimate is $1.23.

Revenue details
Last quarter, Snap-on reported revenue of $737.9 million. GAAP reported sales were 2.7% higher than the prior-year quarter's $757.0 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, EPS came in at $1.30. GAAP EPS of $1.30 for Q2 were 2.3% lower than the prior-year quarter's $1.33 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 49.5%, 190 basis points better than the prior-year quarter. Operating margin was 18.1%, 250 basis points better than the prior-year quarter. Net margin was 9.8%, 50 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.94 billion. The average EPS estimate is $5.09.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 194 members out of 211 rating the stock outperform, and 17 members rating it underperform. Among 72 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 68 give Snap-on a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Snap-on is outperform, with an average price target of $70.50.