United Continental Holdings (NYSE: UAL) is expected to report Q2 earnings around July 26. 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 United Continental Holdings' revenues will improve 2.5% and EPS will expand 16.1%.

The average estimate for revenue is $10.05 billion. On the bottom line, the average EPS estimate is $1.73.

Revenue details
Last quarter, United Continental Holdings booked revenue of $8.60 billion. GAAP reported sales were 4.9% higher than the prior-year quarter's $8.20 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, non-GAAP EPS came in at -$0.87. GAAP EPS were -$1.36 for Q1 versus -$0.65 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 20.1%, 410 basis points worse than the prior-year quarter. Operating margin was -1.2%, 260 basis points worse than the prior-year quarter. Net margin was -5.2%, 260 basis points worse than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $38.10 billion. The average EPS estimate is $4.36.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 391 members out of 804 rating the stock outperform, and 413 members rating it underperform. Among 191 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 77 give United Continental Holdings a green thumbs-up, and 114 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on United Continental Holdings is outperform, with an average price target of $31.57.

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.