NetScout Systems (Nasdaq: NTCT) is expected to report Q2 earnings on Oct. 18. 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 NetScout Systems's revenues will grow 12.0% and EPS will expand 8.3%.

The average estimate for revenue is $81.3 million. On the bottom line, the average EPS estimate is $0.26.

Revenue details
 Last quarter, NetScout Systems reported revenue of $76.4 million. GAAP reported sales were 21% higher than the prior-year quarter's $63.3 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 $0.19. GAAP EPS of $0.12 for Q1 were 100% higher than the prior-year quarter's $0.06 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 77.9%, 10 basis points worse than the prior-year quarter. Operating margin was 10.6%, 380 basis points better than the prior-year quarter. Net margin was 6.6%, 280 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $348.7 million. The average EPS estimate is $1.26.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 124 members out of 135 rating the stock outperform, and 11 members rating it underperform. Among 31 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 28 give NetScout Systems a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on NetScout Systems is outperform, with an average price target of $24.63.

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