Fresh Market (Nasdaq: TFM) is expected to report Q2 earnings around Aug. 29. 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 Fresh Market's revenues will expand 18.7% and EPS will grow 22.7%.

The average estimate for revenue is $308.1 million. On the bottom line, the average EPS estimate is $0.27.

Revenue details
 Last quarter, Fresh Market notched revenue of $324.8 million. GAAP reported sales were 23% higher than the prior-year quarter's $264.5 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, EPS came in at $0.40. GAAP EPS of $0.40 for Q1 were 43% higher than the prior-year quarter's $0.28 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 34.7%, 80 basis points better than the prior-year quarter. Operating margin was 9.7%, 90 basis points better than the prior-year quarter. Net margin was 5.9%, 80 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.32 billion. The average EPS estimate is $1.38.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 120 members out of 148 rating the stock outperform, and 28 members rating it underperform. Among 45 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 31 give Fresh Market a green thumbs-up, and 14 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Fresh Market is outperform, with an average price target of $51.00.

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