Precision Drilling (NYSE: PDS) 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 Precision Drilling's revenues will grow 6.6% and EPS will wither -35.7%.

The average estimate for revenue is $505.7 million. On the bottom line, the average EPS estimate is $0.18.

Revenue details
Last quarter, Precision Drilling tallied revenue of $374.5 million. GAAP reported sales were 4.6% higher than the prior-year quarter's $358.0 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 $0.06. GAAP EPS of $0.06 were the same as the prior-year quarter.

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 32.1%, 340 basis points worse than the prior-year quarter. Operating margin was 8.0%, 360 basis points worse than the prior-year quarter. Net margin was 4.8%, about the same as the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.08 billion. The average EPS estimate is $0.85.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,645 members out of 1,687 rating the stock outperform, and 42 members rating it underperform. Among 480 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 471 give Precision Drilling a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Precision Drilling is outperform, with an average price target of $11.63.

Are you missing a big story in the energy space? Read about "One Stock to Own Before Nat Gas Act 2011 Becomes Law." Click here for instant access to this free report.