Mentor Graphics (Nasdaq: MENT) is expected to report Q4 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 Mentor Graphics's revenues will expand 7.1% and EPS will contract -5.2%.

The average estimate for revenue is $343.1 million. On the bottom line, the average EPS estimate is $0.55.

Revenue details
 Last quarter, Mentor Graphics logged revenue of $268.8 million. GAAP reported sales were 7.3% higher than the prior-year quarter's $250.5 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 $0.32. GAAP EPS of $0.27 for Q3 were 23% higher than the prior-year quarter's $0.22 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 82.0%, 260 basis points worse than the prior-year quarter. Operating margin was 14.4%, 370 basis points better than the prior-year quarter. Net margin was 11.4%, 180 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.10 billion. The average EPS estimate is $1.36.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 105 members out of 139 rating the stock outperform, and 34 members rating it underperform. Among 30 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 23 give Mentor Graphics a green thumbs-up, and seven give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Mentor Graphics is buy, with an average price target of $20.43.

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