8x8 (Nasdaq: EGHT) is expected to report Q4 earnings on May 22. 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 8x8's revenues will expand 16.9% and EPS will grow 50.0%.

The average estimate for revenue is $28.3 million. On the bottom line, the average EPS estimate is $0.06.

Revenue details
Last quarter, 8x8 logged revenue of $27.3 million. GAAP reported sales were 17% higher than the prior-year quarter's $23.3 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 $0.05. GAAP EPS of $0.03 for Q3 were 25% lower than the prior-year quarter's $0.04 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 68.3%, 40 basis points better than the prior-year quarter. Operating margin was 10.1%, 90 basis points worse than the prior-year quarter. Net margin was 7.0%, 410 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $107.3 million. The average EPS estimate is $0.20.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 340 members out of 354 rating the stock outperform, and 14 members rating it underperform. Among 41 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 38 give 8x8 a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on 8x8 is buy, with an average price target of $7.87.

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