Precision Castparts (NYSE: PCP) is expected to report Q3 earnings around Jan. 24. 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 Precision Castparts's revenues will grow 15.6% and EPS will expand 16.5%.

The average estimate for revenue is $2.10 billion. On the bottom line, the average EPS estimate is $2.47.

Revenue details
 Last quarter, Precision Castparts reported revenue of $1.93 billion. GAAP reported sales were 8.4% higher than the prior-year quarter's $1.78 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 $2.28. GAAP EPS of $2.28 for Q2 were 12% higher than the prior-year quarter's $2.03 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 32.1%, 120 basis points better than the prior-year quarter. Operating margin was 25.8%, 120 basis points better than the prior-year quarter. Net margin was 17.2%, 70 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $8.44 billion. The average EPS estimate is $9.90.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,281 members out of 1,312 rating the stock outperform, and 31 members rating it underperform. Among 397 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 394 give Precision Castparts a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Precision Castparts is outperform, with an average price target of $188.89.

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