Chesapeake Energy (NYSE: CHK) is expected to report Q4 earnings on Feb. 21. 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 Chesapeake Energy's revenues will increase 13.1% and EPS will wane -75.9%.

The average estimate for revenue is $3.08 billion. On the bottom line, the average EPS estimate is $0.14.

Revenue details
 Last quarter, Chesapeake Energy reported revenue of $2.97 billion. GAAP reported sales were 25% lower than the prior-year quarter's $3.98 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 $0.10. GAAP EPS were -$3.19 for Q3 against $1.22 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 38.5%, 1,520 basis points worse than the prior-year quarter. Operating margin was 5.6%, 3,180 basis points worse than the prior-year quarter. Net margin was -67.7%, 9,090 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $11.41 billion. The average EPS estimate is $0.49.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 7,457 members out of 7,690 rating the stock outperform, and 233 members rating it underperform. Among 1,447 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,407 give Chesapeake Energy a green thumbs-up, and 40 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Chesapeake Energy is outperform, with an average price target of $23.80.

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