Eagle Rock Energy Partners (Nasdaq: EROC) is expected to report Q2 earnings around July 26. 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 Eagle Rock Energy Partners's revenues will increase 10.2% and EPS will expand 200.0%.

The average estimate for revenue is $311.3 million. On the bottom line, the average EPS estimate is $0.03.

Revenue details
Last quarter, Eagle Rock Energy Partners booked revenue of $257.7 million. GAAP reported sales were 17% higher than the prior-year quarter's $234.2 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 were -$0.23 for Q1 compared to -$0.39 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 22.9%, 990 basis points worse than the prior-year quarter. Operating margin was -6.5%, 940 basis points worse than the prior-year quarter. Net margin was -12.2%, 930 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.13 billion. The average EPS estimate is $0.04.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 529 members out of 550 rating the stock outperform, and 21 members rating it underperform. Among 159 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 153 give Eagle Rock Energy Partners a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Eagle Rock Energy Partners is hold, with an average price target of $10.30.

Can your portfolio provide you with enough income to last through retirement? You'll need more than Eagle Rock Energy Partners. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.