Callaway Golf (NYSE: ELY) 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 Callaway Golf's revenues will drop -12.5% and EPS will remain in the red.

The average estimate for revenue is $151.7 million. On the bottom line, the average EPS estimate is -$0.41.

Revenue details
Last quarter, Callaway Golf booked revenue of $281.1 million. GAAP reported sales were 2.7% higher than the prior-year quarter's $273.8 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 $0.05. GAAP EPS shrank to zero from the prior-year quarter's -$0.96.

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 39.7%, 10 basis points better than the prior-year quarter. Operating margin was 3.8%, 340 basis points better than the prior-year quarter. Net margin was 1.0%, 2,260 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $851.2 million. The average EPS estimate is -$0.62.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 230 members out of 279 rating the stock outperform, and 49 members rating it underperform. Among 64 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 54 give Callaway Golf a green thumbs-up, and 10 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Callaway Golf is outperform, with an average price target of $8.17.

With hundreds of companies out there vying with Callaway Golf for shoppers' dollars, strong brands matter, and they can provide growth for even boring, mature companies -- as long as they're the right ones. That's why we've compiled a special report on "3 American Companies Set to Dominate the World." Click here for instant access to this free report.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.