EchoStar (Nasdaq: SATS) is expected to report Q2 earnings on Aug. 6. 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 EchoStar's revenues will grow 1.6% and EPS will shrink to a loss.

The average estimate for revenue is $818.6 million. On the bottom line, the average EPS estimate is -$0.08.

Revenue details
 Last quarter, EchoStar booked revenue of $795.5 million. GAAP reported sales were 4.0% higher than the prior-year quarter's $764.8 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
 Last quarter, EPS came in at $0.04. GAAP EPS of $0.04 for Q1 were 97% lower than the prior-year quarter's $1.45 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Recent performance
 For the preceding quarter, gross margin was 33.0%, 100 basis points worse than the prior-year quarter. Operating margin was 3.0%, 80 basis points worse than the prior-year quarter. Net margin was 0.4%, much worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $3.25 billion. The average EPS estimate is -$0.27.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 152 members out of 161 rating the stock outperform, and nine members rating it underperform. Among 61 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 59 give EchoStar 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 EchoStar is buy, with an average price target of $44.33.

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