Teekay LNG Partners (NYSE: TGP) is expected to report Q1 earnings around April 12. 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 Teekay LNG Partners's revenues will wane -0.6% and EPS will wane -20.0%.

The average estimate for revenue is $98.6 million. On the bottom line, the average EPS estimate is $0.44.

Revenue details
Last quarter, Teekay LNG Partners logged revenue of $98.0 million. GAAP reported sales were 0.7% higher than the prior-year quarter's $97.3 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 $0.55. GAAP EPS of $0.41 for Q4 were 31% lower than the prior-year quarter's $0.59 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 75.5%, 140 basis points worse than the prior-year quarter. Operating margin was 41.5%, 470 basis points worse than the prior-year quarter. Net margin was 28.8%, much worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $406.6 million. The average EPS estimate is $1.88.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 231 members out of 238 rating the stock outperform, and seven members rating it underperform. Among 58 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 56 give Teekay LNG Partners a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Teekay LNG Partners is hold, with an average price target of $41.00.

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