Allot Communications (Nasdaq: ALLT) 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 Allot Communications's revenues will grow 38.0% and EPS will increase 7.7%.

The average estimate for revenue is $27.7 million. On the bottom line, the average EPS estimate is $0.14.

Revenue details
Last quarter, Allot Communications recorded revenue of $26.4 million. GAAP reported sales were 43% higher than the prior-year quarter's $18.5 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 $0.15. GAAP EPS of $0.08 for Q2 were 33% higher than the prior-year quarter's $0.06 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 70.6%, 70 basis points worse than the prior-year quarter. Operating margin was 13.4%, 420 basis points better than the prior-year quarter. Net margin was 10.2%, 150 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $109.5 million. The average EPS estimate is $0.60.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 112 members out of 124 rating the stock outperform, and 12 members rating it underperform. Among 21 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 18 give Allot Communications a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Allot Communications is buy, with an average price target of $29.00.

Software and computerized services are being consumed in radically different ways, on new and increasingly mobile devices. Many old leaders will be left behind. Whether or not Allot Communications makes the coming cut, you should check out the company that Motley Fool analysts expect to lead the pack in "The Next Trillion-dollar Revolution." Click here for instant access to this free report.