Alaska Air Group (NYSE: ALK) is expected to report Q3 earnings on Oct. 25. 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 Alaska Air Group's revenues will expand 6.9% and EPS will grow 16.8%.

The average estimate for revenue is $1.28 billion. On the bottom line, the average EPS estimate is $2.09.

Revenue details
 Last quarter, Alaska Air Group chalked up revenue of $1.21 billion. GAAP reported sales were 9.3% higher than the prior-year quarter's $1.11 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, non-GAAP EPS came in at $1.53. GAAP EPS of $0.93 for Q2 were 138% higher than the prior-year quarter's $0.39 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 29.4%, 50 basis points better than the prior-year quarter. Operating margin was 15.3%, 130 basis points better than the prior-year quarter. Net margin was 5.6%, 300 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $4.66 billion. The average EPS estimate is $4.79.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Alaska Air Group is outperform, with an average price target of $47.50.