Integrated Device Technology (Nasdaq: IDTI) 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 Integrated Device Technology's revenues will compress -3.8% and EPS will decrease -36.4%.

The average estimate for revenue is $133.1 million. On the bottom line, the average EPS estimate is $0.07.

Revenue details
 Last quarter, Integrated Device Technology recorded revenue of $130.2 million. GAAP reported sales were 13% lower than the prior-year quarter's $149.3 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 $0.08. GAAP EPS were -$0.03 for Q1 against $0.03 per share for 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 55.7%, 130 basis points better than the prior-year quarter. Operating margin was 0.8%, 960 basis points worse than the prior-year quarter. Net margin was -3.3%, 680 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $536.6 million. The average EPS estimate is $0.32.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 180 members out of 190 rating the stock outperform, and 10 members rating it underperform. Among 40 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 39 give Integrated Device Technology a green thumbs-up, and one give it a red thumbs-down.

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

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