BP (NYSE: BP) is expected to report Q4 earnings on Feb. 5. 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 BP's revenues will increase 1.5% and EPS will compress -51.7%.

The average estimate for revenue is $94.82 billion. On the bottom line, the average EPS estimate is $1.15.

Revenue details
Last quarter, BP booked revenue of $90.59 billion. GAAP reported sales were 5.0% lower than the prior-year quarter's $95.38 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 $1.63. GAAP EPS of $0.28 for Q3 were 7.7% higher than the prior-year quarter's $0.26 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 14.8%, 250 basis points better than the prior-year quarter. Operating margin was 7.1%, 120 basis points better than the prior-year quarter. Net margin was 6.0%, 70 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $355.62 billion. The average EPS estimate is $5.52.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 4,907 members out of 5,230 rating the stock outperform, and 323 members rating it underperform. Among 1,131 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,080 give BP a green thumbs-up, and 51 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on BP is outperform, with an average price target of $48.53.

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