RDA Microelectronics (Nasdaq: RDA) is expected to report Q2 earnings around 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 RDA Microelectronics's revenues will increase 16.2% and EPS will increase 6.3%.

The average estimate for revenue is $109.7 million. On the bottom line, the average EPS estimate is $0.34.

Revenue details
 Last quarter, RDA Microelectronics reported revenue of $97.1 million. GAAP reported sales were 35% higher than the prior-year quarter's $72.0 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 $0.28. GAAP EPS of $0.23 for Q1 were 23% lower than the prior-year quarter's $0.30 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 32.1%, 380 basis points worse than the prior-year quarter. Operating margin was 11.3%, 870 basis points worse than the prior-year quarter. Net margin was 11.0%, 820 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $444.4 million. The average EPS estimate is $1.37.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 18 members out of 23 rating the stock outperform, and five members rating it underperform. Among six CAPS All-Star picks (recommendations by the highest-ranked CAPS members), five give RDA Microelectronics a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on RDA Microelectronics is outperform, with an average price target of $14.69.

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