Google (Nasdaq: GOOG) is expected to report Q4 earnings on Jan. 22. 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 Google's revenues will grow 47.5% and EPS will grow 11.6%.

The average estimate for revenue is $15.61 billion. On the bottom line, the average EPS estimate is $10.60.

Revenue details
 Last quarter, Google recorded revenue of $14.10 billion. GAAP reported sales were 45% higher than the prior-year quarter's $9.72 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, non-GAAP EPS came in at $9.03. GAAP EPS of $6.53 for Q3 were 22% lower than the prior-year quarter's $8.33 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 53.9%, 1,130 basis points worse than the prior-year quarter. Operating margin was 21.5%, 1,000 basis points worse than the prior-year quarter. Net margin was 15.4%, 1,270 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $52.61 billion. The average EPS estimate is $39.70.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 15,499 members out of 17,986 rating the stock outperform, and 2,487 members rating it underperform. Among 3,653 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 3,301 give Google a green thumbs-up, and 352 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Google is outperform, with an average price target of $780.54.

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