Bed Bath & Beyond (Nasdaq: BBBY) is expected to report Q2 earnings around Sep. 19. 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 Bed Bath & Beyond's revenues will grow 12.5% and EPS will grow 8.6%.

The average estimate for revenue is $2.60 billion. On the bottom line, the average EPS estimate is $1.01.

Revenue details
 Last quarter, Bed Bath & Beyond booked revenue of $2.22 billion. GAAP reported sales were 5.1% higher than the prior-year quarter's $2.11 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, EPS came in at $0.89. GAAP EPS of $0.89 for Q1 were 24% higher than the prior-year quarter's $0.72 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 40.0%, 60 basis points worse than the prior-year quarter. Operating margin was 14.1%, 40 basis points better than the prior-year quarter. Net margin was 9.3%, 70 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $10.89 billion. The average EPS estimate is $4.71.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,071 members out of 1,281 rating the stock outperform, and 210 members rating it underperform. Among 433 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 389 give Bed Bath & Beyond a green thumbs-up, and 44 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Bed Bath & Beyond is outperform, with an average price target of $76.14.

If you're invested in retailers like Bed Bath & Beyond, you should check out the concept that is The Motley Fool's top stock for 2012. Its founder wrote the book on big box retailing, and it's growing in increasingly important international markets. Click here for instant access to this free report.