Meritor (NYSE: MTOR) is expected to report Q2 earnings on April 30. 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 Meritor's revenues will decrease -21.5% and EPS will wane -87.9%.

The average estimate for revenue is $910.6 million. On the bottom line, the average EPS estimate is $0.04.

Revenue details
 Last quarter, Meritor logged revenue of $891.0 million. GAAP reported sales were 23% lower than the prior-year quarter's $1.16 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 -$0.11. GAAP EPS were -$0.22 for Q1 compared to -$0.23 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 9.3%, 20 basis points better than the prior-year quarter. Operating margin was 2.2%, 130 basis points worse than the prior-year quarter. Net margin was -2.4%, 50 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $3.80 billion. The average EPS estimate is $0.28.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 138 members out of 184 rating the stock outperform, and 46 members rating it underperform. Among 55 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 46 give Meritor a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Meritor is hold, with an average price target of $6.22.

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