New Oriental Education & Technology Group (NYSE: EDU) is expected to report Q1 earnings on Oct. 29. 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 New Oriental Education & Technology Group's revenues will grow 27.8% and EPS will grow 21.0%.

The average estimate for revenue is $347.5 million. On the bottom line, the average EPS estimate is $0.75.

Revenue details
 Last quarter, New Oriental Education & Technology Group recorded revenue of $193.3 million. GAAP reported sales were 41% higher than the prior-year quarter's $137.4 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 $0.15. GAAP EPS of $0.10 for Q4 were 11% higher than the prior-year quarter's $0.09 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 59.5%, 80 basis points better than the prior-year quarter. Operating margin was 4.9%, 380 basis points worse than the prior-year quarter. Net margin was 8.4%, 200 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $987.5 million. The average EPS estimate is $1.11.

Investor sentiment
 The stock has a one-star rating (out of five) at Motley Fool CAPS, with 721 members out of 872 rating the stock outperform, and 151 members rating it underperform. Among 200 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 131 give New Oriental Education & Technology Group a green thumbs-up, and 69 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on New Oriental Education & Technology Group is outperform, with an average price target of $32.31.