Cynosure (Nasdaq: CYNO) is expected to report Q2 earnings on July 31. 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 Cynosure's revenues will grow 15.8% and EPS will wither -15.0%.

The average estimate for revenue is $45.8 million. On the bottom line, the average EPS estimate is $0.17.

Revenue details
Last quarter, Cynosure tallied revenue of $40.7 million. GAAP reported sales were 19% higher than the prior-year quarter's $34.2 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, EPS came in at $0.07. GAAP EPS of $0.07 for Q1 were 17% 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 58.2%, 110 basis points better than the prior-year quarter. Operating margin was 7.6%, 510 basis points better than the prior-year quarter. Net margin was 3.0%, 60 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $220.4 million. The average EPS estimate is $0.68.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 368 members out of 383 rating the stock outperform, and 15 members rating it underperform. Among 89 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 81 give Cynosure a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cynosure is buy, with an average price target of $35.60.

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