RealD (NYSE: RLD) is expected to report Q2 earnings on Oct. 29. 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 RealD's revenues will compress -42.6% and EPS will shrink to a loss.

The average estimate for revenue is $50.5 million. On the bottom line, the average EPS estimate is -$0.07.

Revenue details
 Last quarter, RealD logged revenue of $68.2 million. GAAP reported sales were 14% higher than the prior-year quarter's $59.6 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 $0.05. GAAP EPS of $0.05 for Q1 were 71% lower than the prior-year quarter's $0.17 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 48.3%, 1,120 basis points worse than the prior-year quarter. Operating margin was 14.5%, 1,090 basis points worse than the prior-year quarter. Net margin was 4.4%, 1,170 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $225.7 million. The average EPS estimate is -$0.10.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 62 members out of 87 rating the stock outperform, and 25 members rating it underperform. Among 15 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), eight give RealD 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 RealD is outperform, with an average price target of $16.92.