AeroVironment (Nasdaq: AVAV) is expected to report Q2 earnings on Dec. 4. 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 AeroVironment's revenues will wane -3.7% and EPS will shrink -16.7%.

The average estimate for revenue is $77.4 million. On the bottom line, the average EPS estimate is $0.25.

Revenue details
Last quarter, AeroVironment reported revenue of $58.7 million. GAAP reported sales were 5.4% lower than the prior-year quarter's $62.0 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, EPS came in at -$0.06. GAAP EPS were -$0.06 for Q1 against $0.01 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 33.2%, 180 basis points worse than the prior-year quarter. Operating margin was -3.8%, 450 basis points worse than the prior-year quarter. Net margin was -2.4%, 290 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $352.2 million. The average EPS estimate is $1.41.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 580 members out of 602 rating the stock outperform, and 22 members rating it underperform. Among 121 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 120 give AeroVironment 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 AeroVironment is hold, with an average price target of $29.91.

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