Citrix Systems (Nasdaq: CTXS) 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 Citrix Systems's revenues will grow 14.8% and EPS will increase 6.8%.

The average estimate for revenue is $677.0 million. On the bottom line, the average EPS estimate is $0.63.

Revenue details
 Last quarter, Citrix Systems notched revenue of $740.0 million. GAAP reported sales were 19% higher than the prior-year quarter's $619.4 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 $0.90. GAAP EPS of $0.60 for Q4 were 5.3% higher than the prior-year quarter's $0.57 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 87.3%, 180 basis points worse than the prior-year quarter. Operating margin was 19.7%, 250 basis points worse than the prior-year quarter. Net margin was 15.4%, 220 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.97 billion. The average EPS estimate is $3.14.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 471 members out of 536 rating the stock outperform, and 65 members rating it underperform. Among 135 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 120 give Citrix Systems a green thumbs-up, and 15 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Citrix Systems is outperform, with an average price target of $79.54.

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