Goodyear Tire & Rubber (NYSE: GT) is expected to report Q2 earnings on July 31. 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 Goodyear Tire & Rubber's revenues will increase 2.1% and EPS will decrease -29.2%.

The average estimate for revenue is $5.74 billion. On the bottom line, the average EPS estimate is $0.46.

Revenue details
Last quarter, Goodyear Tire & Rubber chalked up revenue of $5.53 billion. GAAP reported sales were 2.4% higher than the prior-year quarter's $5.40 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 $0.34. GAAP EPS were -$0.05 for Q1 versus $0.42 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 16.8%, 80 basis points worse than the prior-year quarter. Operating margin was 4.8%, 40 basis points worse than the prior-year quarter. Net margin was -0.1%, 200 basis points worse than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $23.24 billion. The average EPS estimate is $1.98.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 476 members rating the stock outperform, and 98 members rating it underperform. Among 126 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 96 give Goodyear Tire & Rubber a green thumbs-up, and 30 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Goodyear Tire & Rubber is outperform, with an average price target of $16.78.