Tornier (Nasdaq: TRNX) 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 Tornier's revenues will grow 15.1% and EPS will remain in the red.

The average estimate for revenue is $76.0 million. On the bottom line, the average EPS estimate is -$0.10.

Revenue details
 Last quarter, Tornier notched revenue of $82.7 million. GAAP reported sales were 11% higher than the prior-year quarter's $74.5 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, non-GAAP EPS came in at -$0.10. GAAP EPS were -$0.17 for Q1 versus $0.00 per share for the prior-year quarter.

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 73.6%, 200 basis points better than the prior-year quarter. Operating margin was -1.6%, 330 basis points worse than the prior-year quarter. Net margin was -8.3%, 810 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $312.3 million. The average EPS estimate is -$0.30.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 15 members out of 20 rating the stock outperform, and five members rating it underperform. Among eight CAPS All-Star picks (recommendations by the highest-ranked CAPS members), six give Tornier 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 Tornier is outperform, with an average price target of $21.89.

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