Hecla Mining (NYSE: HL) 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 with the prior-year quarter, average analyst estimates predict Hecla Mining's revenues will drop -31.8% and EPS will wane -63.6%.

The average estimate for revenue is $80.4 million. On the bottom line, the average EPS estimate is $0.04.

Revenue details
Last quarter, Hecla Mining logged revenue of $91.2 million. GAAP reported sales were 33% lower than the prior-year quarter's $136.4 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 of $0.04 for Q1 were 73% lower than the prior-year quarter's $0.15 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 63.5%, 380 basis points worse than the prior-year quarter. Operating margin was 31.3%, 1,840 basis points worse than the prior-year quarter. Net margin was 13.8%, 1,800 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $366.5 million. The average EPS estimate is $0.23.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,283 members out of 1,348 rating the stock outperform, and 65 members rating it underperform. Among 227 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 202 give Hecla Mining a green thumbs-up, and 25 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Hecla Mining is hold, with an average price target of $6.51.

Over the decades, small-cap stocks like Hecla Mining have provided market-beating returns, provided they're value priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: Two Small Caps the Government Won't Let Go Broke." Get instant access to this free report.