LinkedIn (NYSE: LNKD) 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 LinkedIn's revenues will increase 68.7% and EPS will increase 100.0%.

The average estimate for revenue is $318.0 million. On the bottom line, the average EPS estimate is $0.30.

Revenue details
Last quarter, LinkedIn logged revenue of $303.6 million. GAAP reported sales were 81% higher than the prior-year quarter's $167.7 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 $0.35. GAAP EPS of $0.10 for Q4 were 67% higher than the prior-year quarter's $0.06 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 88.1%, 250 basis points better than the prior-year quarter. Operating margin was 8.8%, 280 basis points better than the prior-year quarter. Net margin was 3.8%, 30 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.50 billion. The average EPS estimate is $1.37.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 538 members out of 1,409 rating the stock outperform, and 871 members rating it underperform. Among 377 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 143 give LinkedIn a green thumbs-up, and 234 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on LinkedIn is outperform, with an average price target of $129.91.

Internet software and services are being consumed in radically different ways, on new and increasingly mobile devices. Is LinkedIn on the right side of the revolution? Check out the changing landscape and meet the company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.