TriQuint Semiconductor (Nasdaq: TQNT) is expected to report Q1 earnings on April 24. 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 TriQuint Semiconductor's revenues will wane -14.0% and EPS will shrink to a loss.

The average estimate for revenue is $186.4 million. On the bottom line, the average EPS estimate is -$0.12.

Revenue details
Last quarter, TriQuint Semiconductor logged revenue of $233.6 million. GAAP reported sales were 2.9% higher than the prior-year quarter's $227.0 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 $0.04. GAAP EPS were -$0.02 for Q4 versus $0.03 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 28.5%, 100 basis points worse than the prior-year quarter. Operating margin was -2.3%, 570 basis points worse than the prior-year quarter. Net margin was -1.6%, 350 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $859.2 million. The average EPS estimate is -$0.13.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 572 members out of 589 rating the stock outperform, and 17 members rating it underperform. Among 90 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 84 give TriQuint Semiconductor a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on TriQuint Semiconductor is hold, with an average price target of $5.67.

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