MicroStrategy (Nasdaq: MSTR) is expected to report Q3 earnings around Oct. 30. 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 MicroStrategy's revenues will increase 5.5% and EPS will expand 342.1%.

The average estimate for revenue is $149.5 million. On the bottom line, the average EPS estimate is $0.84.

Revenue details
 Last quarter, MicroStrategy recorded revenue of $141.8 million. GAAP reported sales were 2.7% higher than the prior-year quarter's $138.2 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 $0.65. GAAP EPS of $0.65 for Q2 were 150% higher than the prior-year quarter's $0.26 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 74.2%, 80 basis points worse than the prior-year quarter. Operating margin was 6.7%, 420 basis points better than the prior-year quarter. Net margin was 5.1%, 300 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $607.3 million. The average EPS estimate is $3.07.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 187 members out of 219 rating the stock outperform, and 32 members rating it underperform. Among 69 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 56 give MicroStrategy a green thumbs-up, and 13 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on MicroStrategy is hold, with an average price target of $148.57.

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