Agrium (NYSE: AGU) is expected to report Q2 earnings on Aug. 3. 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 Agrium's revenues will grow 6.8% and EPS will increase 18.5%.

The average estimate for revenue is $6.62 billion. On the bottom line, the average EPS estimate is $5.45.

Revenue details
Last quarter, Agrium booked revenue of $3.63 billion. GAAP reported sales were 23% higher than the prior-year quarter's $2.95 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 $1.03. GAAP EPS of $0.97 for Q1 were 11% lower than the prior-year quarter's $1.09 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 22.0%, 250 basis points worse than the prior-year quarter. Operating margin was 6.2%, 130 basis points worse than the prior-year quarter. Net margin was 4.2%, 160 basis points worse than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $16.40 billion. The average EPS estimate is $10.16.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,738 members out of 1,780 rating the stock outperform, and 42 members rating it underperform. Among 331 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 322 give Agrium 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 Agrium is outperform, with an average price target of $99.24.