Symantec (Nasdaq: SYMC) is expected to report Q2 earnings on Oct. 24. 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 Symantec's revenues will wane -1.6% and EPS will shrink -2.6%.

The average estimate for revenue is $1.65 billion. On the bottom line, the average EPS estimate is $0.38.

Revenue details
 Last quarter, Symantec recorded revenue of $1.67 billion. GAAP reported sales were 0.9% higher than the prior-year quarter's $1.65 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 $0.43. GAAP EPS of $0.24 for Q1 were 4.0% lower than the prior-year quarter's $0.25 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 84.1%, 160 basis points worse than the prior-year quarter. Operating margin was 18.2%, 80 basis points worse than the prior-year quarter. Net margin was 10.3%, 130 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $6.77 billion. The average EPS estimate is $1.63.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 539 members out of 631 rating the stock outperform, and 92 members rating it underperform. Among 151 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 127 give Symantec a green thumbs-up, and 24 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Symantec is outperform, with an average price target of $19.35.

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