Raven Industries (Nasdaq: RAVN) is expected to report Q2 earnings on Aug. 21. 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 Raven Industries's revenues will grow 12.2% and EPS will expand 11.8%.

The average estimate for revenue is $101.4 million. On the bottom line, the average EPS estimate is $0.38.

Revenue details
 Last quarter, Raven Industries chalked up revenue of $117.9 million. GAAP reported sales were 16% higher than the prior-year quarter's $101.5 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 $0.52. GAAP EPS of $0.52 for Q1 were 21% higher than the prior-year quarter's $0.43 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 34.9%, 250 basis points better than the prior-year quarter. Operating margin was 24.1%, 90 basis points better than the prior-year quarter. Net margin was 16.1%, 60 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $425.8 million. The average EPS estimate is $1.57.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 460 members out of 475 rating the stock outperform, and 15 members rating it underperform. Among 139 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 135 give Raven Industries a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Raven Industries is outperform, with an average price target of $34.00.