OM Group (NYSE: OMG) is expected to report Q1 earnings on May 2. 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 OM Group's revenues will wither -38.3% and EPS will decrease -94.4%.

The average estimate for revenue is $287.5 million. On the bottom line, the average EPS estimate is $0.04.

Revenue details
 Last quarter, OM Group recorded revenue of $340.4 million. GAAP reported sales were 22% lower than the prior-year quarter's $438.6 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 -$0.13. GAAP EPS were -$1.07 for Q4 versus $1.72 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 11.1%, much worse than the prior-year quarter. Operating margin was -7.8%, much worse than the prior-year quarter. Net margin was -10.0%, much worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.16 billion. The average EPS estimate is $1.06.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on OM Group is outperform, with an average price target of $25.50.

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