Hess (NYSE: HES) is expected to report Q4 earnings around Jan. 23. 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 Hess's revenues will expand 4.4% and EPS will increase 14.5%.

The average estimate for revenue is $9.21 billion. On the bottom line, the average EPS estimate is $1.34.

Revenue details
 Last quarter, Hess logged revenue of $9.62 billion. GAAP reported sales were 6.1% higher than the prior-year quarter's $8.67 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 $1.46. GAAP EPS of $1.64 for Q3 were 86% higher than the prior-year quarter's $0.88 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 24.0%, 540 basis points better than the prior-year quarter. Operating margin was 8.5%, 570 basis points better than the prior-year quarter. Net margin was 6.1%, 270 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $38.08 billion. The average EPS estimate is $6.02.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 930 members out of 962 rating the stock outperform, and 32 members rating it underperform. Among 220 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 211 give Hess a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Hess is outperform, with an average price target of $64.00.

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