Baker Hughes (NYSE: BHI) is expected to report Q2 earnings on July 20. 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 Baker Hughes' revenue will increase 10.9% and EPS will compress 16.1%.

The average estimate for revenue is $5.26 billion. On the bottom line, the average EPS estimate is $0.78.

Revenue details
Last quarter, Baker Hughes chalked up revenue of $5.36 billion. GAAP reported sales were 18% higher than the prior-year quarter's $4.53 billion.

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 $0.86. GAAP EPS of $0.86 for Q1 were 1.1% lower than the prior-year quarter's $0.87 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 20.4%, 230 basis points worse than the prior-year quarter. Operating margin was 11.7%, 240 basis points worse than the prior-year quarter. Net margin was 7.1%, 130 basis points worse than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $21.87 billion. The average EPS estimate is $3.59.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,176 members out of 1,221 rating the stock outperform, and 45 members rating it underperform. Among 285 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 276 give Baker Hughes a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Baker Hughes is outperform, with an average price target of $61.47.

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