Haverty Furniture Companies (NYSE: HVT) is expected to report Q2 earnings July 5. 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 Haverty Furniture Companies' revenues will expand 5.8% and EPS will wane -150.0%.

The average estimate for revenue is $151.5 million. On the bottom line, the average EPS estimate is $0.02.

Revenue details
Last quarter, Haverty Furniture Companies logged revenue of $163.6 million. GAAP reported sales were 6.1% higher than the prior-year quarter's $154.3 million.

My

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 $0.11. GAAP EPS were $0.11 for Q1 against -$0.03 per share for the prior-year quarter.

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 52.2%, 100 basis points better than the prior-year quarter. Operating margin was 2.5%, 280 basis points better than the prior-year quarter. Net margin was 1.5%, 190 basis points better than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $654.4 million. The average EPS estimate is $0.45.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 22 members out of 106 rating the stock outperform, and 84 members rating it underperform. Among 40 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), four give Haverty Furniture Companies a green thumbs-up, and 36 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Haverty Furniture Companies is buy, with an average price target of $14.00.

If you're invested in retailers like Haverty Furniture Companies, you should check out the concept that is The Motley Fool's top stock for 2012. Its founder wrote the book on big box retailing, and it's growing in increasingly important international markets. Click here for instant access to this free report.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.