Avon Products (NYSE: AVP) is expected to report Q2 earnings on Aug. 1. 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 Avon Products' revenue will wane 6.0% and EPS will contract 57.1%.

The average estimate for revenue is $2.68 billion. On the bottom line, the average EPS estimate is $0.21.

Revenue details
Last quarter, Avon Products notched revenue of $2.58 billion. GAAP reported sales were 2.0% lower than the prior-year quarter's $2.63 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 $0.10. GAAP EPS of $0.06 for Q1 were 82% lower than the prior-year quarter's $0.33 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 60.9%, 300 basis points worse than the prior-year quarter. Operating margin was 3.8%, 610 basis points worse than the prior-year quarter. Net margin was 1.0%, 450 basis points worse than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $10.95 billion. The average EPS estimate is $0.93.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 374 members out of 429 rating the stock outperform, and 55 members rating it underperform. Among 107 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 88 give Avon Products a green thumbs-up, and 19 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Avon Products is hold, with an average price target of $21.62.

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