Integrated Device Technology (Nasdaq: IDTI) is expected to report Q1 earnings around July 25. 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 Integrated Device Technology's revenues will drop -11.0% and EPS will contract -50.0%.

The average estimate for revenue is $115.8 million. On the bottom line, the average EPS estimate is $0.04.

Revenue details
 Last quarter, Integrated Device Technology tallied revenue of $108.5 million. GAAP reported sales were 8.9% lower than the prior-year quarter's $119.1 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 $0.01. GAAP EPS were -$0.07 for Q4 compared to $0.09 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 54.9%, 270 basis points better than the prior-year quarter. Operating margin was -5.1%, 40 basis points worse than the prior-year quarter. Net margin was -9.8%, much worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $500.2 million. The average EPS estimate is $0.33.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 175 members out of 185 rating the stock outperform, and 10 members rating it underperform. Among 43 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 41 give Integrated Device Technology a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Integrated Device Technology is outperform, with an average price target of $8.86.

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