Changyou.com (Nasdaq: CYOU) is expected to report Q3 earnings on Nov. 5. 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 Changyou.com's revenues will expand 30.6% and EPS will grow 30.7%.

The average estimate for revenue is $155.5 million. On the bottom line, the average EPS estimate is $1.32.

Revenue details
Last quarter, Changyou.com reported revenue of $147.3 million. GAAP reported sales were 40% higher than the prior-year quarter's $105.0 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, non-GAAP EPS came in at $1.35. GAAP EPS of $1.30 for Q2 were 27% higher than the prior-year quarter's $1.02 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 84.0%, 260 basis points worse than the prior-year quarter. Operating margin was 57.5%, 90 basis points worse than the prior-year quarter. Net margin was 46.9%, 470 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $597.6 million. The average EPS estimate is $5.17.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 180 members out of 209 rating the stock outperform, and 29 members rating it underperform. Among 39 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 29 give Changyou.com a green thumbs-up, and 10 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Changyou.com is outperform, with an average price target of $34.69.

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