Silver Wheaton (NYSE: SLW) is expected to report Q2 earnings on Thursday. 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 Silver Wheaton's revenues will decrease -5.2% and EPS will compress -7.1%.

The average estimate for revenue is $184.6 million. On the bottom line, the average EPS estimate is $0.39.

Revenue details
Last quarter, Silver Wheaton tallied revenue of $199.6 million. GAAP reported sales were 26% higher than the prior-year quarter's $158.2 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 $0.41. GAAP EPS of $0.41 for Q1 were 21% higher than the prior-year quarter's $0.34 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 87.5%, 10 basis points better than the prior-year quarter. Operating margin was 75.5%, 60 basis points worse than the prior-year quarter. Net margin was 73.7%, 350 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $814.0 million. The average EPS estimate is $1.68.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 2,592 members rating the stock outperform and 105 members rating it underperform. Among 515 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 489 give Silver Wheaton a green thumbs-up, and 26 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Silver Wheaton is outperform, with an average price target of $47.18.

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