Astronics (Nasdaq: ATRO) is expected to report Q2 earnings on Aug. 7. 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 Astronics' revenues will increase 12.2% and EPS will grow 17.9%.

The average estimate for revenue is $62.2 million. On the bottom line, the average EPS estimate is $0.46.

Revenue details
Last quarter, Astronics chalked up revenue of $65.1 million. GAAP reported sales were 18% higher than the prior-year quarter's $55.1 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, EPS came in at $0.46. GAAP EPS of $0.46 for Q1 were 12% higher than the prior-year quarter's $0.41 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 27.8%, 150 basis points better than the prior-year quarter. Operating margin was 14.2%, 60 basis points worse than the prior-year quarter. Net margin was 9.4%, about the same as the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $257.1 million. The average EPS estimate is $1.91.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 300 members out of 314 rating the stock outperform, and 14 members rating it underperform. Among 58 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 55 give Astronics a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Astronics is outperform, with an average price target of $37.67.