Spectranetics (Nasdaq: SPNC) is expected to report Q3 earnings on Oct. 30. 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 Spectranetics's revenues will grow 7.5% and EPS will decrease 0.0%.

The average estimate for revenue is $34.5 million. On the bottom line, the average EPS estimate is $0.03.

Revenue details
 Last quarter, Spectranetics reported revenue of $35.0 million. GAAP reported sales were 8.8% higher than the prior-year quarter's $32.2 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 $0.02. GAAP EPS of $0.02 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 72.8%, 170 basis points better than the prior-year quarter. Operating margin was 2.8%, 90 basis points better than the prior-year quarter. Net margin was 1.8%, about the same as the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $138.8 million. The average EPS estimate is $0.10.

Investor sentiment
 The stock has a one-star rating (out of five) at Motley Fool CAPS, with 157 members out of 175 rating the stock outperform, and 18 members rating it underperform. Among 40 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 33 give Spectranetics a green thumbs-up, and seven give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Spectranetics is outperform, with an average price target of $13.00.