Global Partners (NYSE: GLP) is expected to report Q3 earnings on Nov. 8. 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 Global Partners's revenues will decrease -0.7% and EPS will grow 125.0%.

The average estimate for revenue is $3.74 billion. On the bottom line, the average EPS estimate is $0.36.

Revenue details
Last quarter, Global Partners recorded revenue of $3.92 billion. GAAP reported sales were 15% higher than the prior-year quarter's $3.41 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 $0.66. GAAP EPS were $0.66 for Q2 against -$0.04 per share for the prior-year quarter.

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 2.3%, 100 basis points better than the prior-year quarter. Operating margin was 0.7%, 50 basis points better than the prior-year quarter. Net margin was 0.5%, 50 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $15.22 billion. The average EPS estimate is $1.35.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 140 members out of 148 rating the stock outperform, and eight members rating it underperform. Among 31 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 30 give Global Partners a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Global Partners is hold, with an average price target of $23.75.

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