Newell Rubbermaid (NYSE: NWL) is expected to report Q3 earnings on Oct. 26. 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 Newell Rubbermaid's revenues will wane -0.6% and EPS will wither -2.2%.

The average estimate for revenue is $1.54 billion. On the bottom line, the average EPS estimate is $0.44.

Revenue details
Last quarter, Newell Rubbermaid reported revenue of $1.52 billion. GAAP reported sales were 1.9% lower than the prior-year quarter's $1.55 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 $0.47. GAAP EPS of $0.38 for Q2 were 22% lower than the prior-year quarter's $0.49 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 38.3%, 50 basis points better than the prior-year quarter. Operating margin was 13.7%, 40 basis points better than the prior-year quarter. Net margin was 7.4%, 210 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $5.91 billion. The average EPS estimate is $1.68.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 311 members out of 340 rating the stock outperform, and 29 members rating it underperform. Among 120 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 116 give Newell Rubbermaid a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Newell Rubbermaid is outperform, with an average price target of $21.65.