Diodes (Nasdaq: DIOD) 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 Diodes's revenues will grow 3.8% and EPS will wane -19.2%.

The average estimate for revenue is $166.7 million. On the bottom line, the average EPS estimate is $0.21.

Revenue details
Last quarter, Diodes recorded revenue of $159.2 million. GAAP reported sales were 6.2% lower than the prior-year quarter's $169.8 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 $0.14. GAAP EPS of $0.14 for Q2 were 63% lower than the prior-year quarter's $0.38 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 25.8%, 700 basis points worse than the prior-year quarter. Operating margin was 4.6%, 1,030 basis points worse than the prior-year quarter. Net margin was 4.2%, 640 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $636.3 million. The average EPS estimate is $0.69.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 211 members out of 227 rating the stock outperform, and 16 members rating it underperform. Among 58 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 56 give Diodes a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Diodes is outperform, with an average price target of $26.00.

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