Dole Food (NYSE: DOLE) 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 Dole Food's revenues will wither 4.8% and EPS will decrease 26.5%.

The average estimate for revenue is $1.82 billion. On the bottom line, the average EPS estimate is $0.72.

Revenue details
Last quarter, Dole Food reported revenue of $1.63 billion. GAAP reported sales were 3.5% lower than the prior-year quarter's $1.69 billion.

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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, non-GAAP EPS came in at $0.16. GAAP EPS of $0.19 for Q1 were much higher than the prior-year quarter's $0.01 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 10.5%, 180 basis points worse than the prior-year quarter. Operating margin was 2.7%, 220 basis points worse than the prior-year quarter. Net margin was 1.0%, 90 basis points better than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $7.06 billion. The average EPS estimate is $1.22.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 86 members out of 91 rating the stock outperform, and five members rating it underperform. Among 19 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 16 give Dole Food a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Dole Food is outperform, with an average price target of $12.21.

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.