PG&E (NYSE: PCG) is expected to report Q2 earnings around 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 PG&E's revenues will grow 7.3% and EPS will shrink -18.6%.

The average estimate for revenue is $3.95 billion. On the bottom line, the average EPS estimate is $0.83.

Revenue details
Last quarter, PG&E logged revenue of $3.64 billion. GAAP reported sales were 1.2% higher than the prior-year quarter's $3.60 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 $0.89. GAAP EPS of $0.56 for Q1 were 12% higher than the prior-year quarter's $0.50 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 29.1%, 200 basis points better than the prior-year quarter. Operating margin was 13.1%, 40 basis points worse than the prior-year quarter. Net margin was 6.4%, 90 basis points better than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $15.30 billion. The average EPS estimate is $3.19.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 282 members out of 298 rating the stock outperform, and 16 members rating it underperform. Among 91 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 90 give PG&E a green thumbs-up, and one gives it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on PG&E is outperform, with an average price target of $43.74.

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