Chipotle Mexican Grill (NYSE: CMG) is expected to report Q2 earnings on July 19. 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 Chipotle Mexican Grill's revenues will expand 23.5% and EPS will grow 40.2%.

The average estimate for revenue is $706.2 million. On the bottom line, the average EPS estimate is $2.30.

Revenue details
 Last quarter, Chipotle Mexican Grill booked revenue of $640.6 million. GAAP reported sales were 26% higher than the prior-year quarter's $509.4 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 $1.97. GAAP EPS of $1.97 for Q1 were 35% higher than the prior-year quarter's $1.46 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 37.7%, 120 basis points better than the prior-year quarter. Operating margin was 16.2%, 120 basis points better than the prior-year quarter. Net margin was 9.8%, 70 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.77 billion. The average EPS estimate is $8.90.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 2,580 members out of 3,095 rating the stock outperform, and 516 members rating it underperform. Among 1,003 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 896 give Chipotle Mexican Grill a green thumbs-up, and 107 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Chipotle Mexican Grill is hold, with an average price target of $390.55.