PerkinElmer (NYSE: PKI) 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 PerkinElmer's revenues will increase 11.1% and EPS will expand 7.3%.

The average estimate for revenue is $504.2 million. On the bottom line, the average EPS estimate is $0.44.

Revenue details
 Last quarter, PerkinElmer reported revenue of $521.8 million. GAAP reported sales were 8.9% higher than the prior-year quarter's $479.1 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 $0.53. GAAP EPS of $0.29 for Q2 were 12% higher than the prior-year quarter's $0.26 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 45.8%, 210 basis points better than the prior-year quarter. Operating margin was 10.7%, 130 basis points better than the prior-year quarter. Net margin was 6.4%, 20 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.12 billion. The average EPS estimate is $2.05.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 115 members out of 127 rating the stock outperform, and 12 members rating it underperform. Among 36 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 34 give PerkinElmer a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on PerkinElmer is outperform, with an average price target of $30.85.