OmniVision Technologies (Nasdaq: OVTI) is expected to report Q3 earnings on Feb. 28. 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 OmniVision Technologies's revenues will grow 122.0% and EPS will increase 215.4%.

The average estimate for revenue is $411.1 million. On the bottom line, the average EPS estimate is $0.41.

Revenue details
Last quarter, OmniVision Technologies logged revenue of $390.1 million. GAAP reported sales were 79% higher than the prior-year quarter's $217.9 million.

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 $0.33. GAAP EPS of $0.19 for Q2 were 46% lower than the prior-year quarter's $0.35 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 16.6%, 1,400 basis points worse than the prior-year quarter. Operating margin was 3.6%, 540 basis points worse than the prior-year quarter. Net margin was 2.7%, 700 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.42 billion. The average EPS estimate is $1.27.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 834 members out of 875 rating the stock outperform, and 41 members rating it underperform. Among 173 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 162 give OmniVision Technologies a green thumbs-up, and 11 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on OmniVision Technologies is outperform, with an average price target of $21.15.

Is OmniVision Technologies the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.