Rex Energy (Nasdaq: REXX) 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 Rex Energy's revenues will grow 84.5% and EPS will increase 1200.0%.

The average estimate for revenue is $55.8 million. On the bottom line, the average EPS estimate is $0.13.

Revenue details
Last quarter, Rex Energy booked revenue of $47.5 million. GAAP reported sales were 40% higher than the prior-year quarter's $33.8 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, non-GAAP EPS came in at $0.10. GAAP EPS were -$0.05 for Q1 against -$0.03 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 63.2%, 390 basis points better than the prior-year quarter. Operating margin was -0.1%, much worse than the prior-year quarter. Net margin was -6.0%, 120 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $240.0 million. The average EPS estimate is $0.63.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 339 members out of 360 rating the stock outperform, and 21 members rating it underperform. Among 64 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 59 give Rex Energy a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Rex Energy is outperform, with an average price target of $18.08.

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