Kenneth Cole Productions (NYSE: KCP) is expected to report Q2 earnings around Aug. 2. Here's what Wall Street wants to see.

The 10-second takeaway
Comparing the upcoming quarter with the prior-year quarter, average analyst estimates predict Kenneth Cole Productions' revenues will improve 5.3% and EPS will improve 20.0%.

The average estimate for revenue is $107.7 million. On the bottom line, the average EPS estimate is $0.06.

Revenue details
Last quarter, Kenneth Cole Productions reported revenue of $116.8 million. GAAP reported sales were 0.5% lower than the prior-year quarter's $117.5 million.

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 -$0.06. GAAP EPS were -$0.10 for Q1 against -$0.94 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 36.9%, 140 basis points better than the prior-year quarter. Operating margin was -2.6%, 130 basis points better than the prior-year quarter. Net margin was -1.6%, 1,300 basis points better than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $502.8 million. The average EPS estimate is $0.79.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 43 members out of 61 rating the stock outperform, and 18 members rating it underperform. Among 23 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 14 give Kenneth Cole Productions 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 Kenneth Cole Productions is hold, with an average price target of $18.00.

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