Newell Rubbermaid (NYSE: NWL) is expected to report Q1 earnings on May 3. 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 Newell Rubbermaid's revenues will wither -0.7% and EPS will decrease -3.0%.

The average estimate for revenue is $1.32 billion. On the bottom line, the average EPS estimate is $0.32.

Revenue details
Last quarter, Newell Rubbermaid booked revenue of $1.52 billion. GAAP reported sales were 1.6% higher than the prior-year quarter's $1.50 billion.

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 $0.43. GAAP EPS of $0.35 for Q4 were 30% higher than the prior-year quarter's $0.27 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 36.5%, 70 basis points worse than the prior-year quarter. Operating margin was 11.5%, 60 basis points worse than the prior-year quarter. Net margin was 6.7%, 130 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $6.05 billion. The average EPS estimate is $1.82.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 310 members out of 338 rating the stock outperform, and 28 members rating it underperform. Among 134 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 129 give Newell Rubbermaid a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Newell Rubbermaid is outperform, with an average price target of $24.59.

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