American International Group (NYSE: AIG) is expected to report Q3 earnings on Nov. 1. 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 American International Group's revenues will contract -32.0% and EPS will compress -154.4%.

The average estimate for revenue is $8.65 billion. On the bottom line, the average EPS estimate is $0.87.

Revenue details
 Last quarter, American International Group reported revenue of $8.82 billion. GAAP reported sales were 2.7% higher than the prior-year quarter's $16.68 billion.

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 $1.06. GAAP EPS of $1.33 for Q2 were 33% higher than the prior-year quarter's $1.00 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 22.8%, 210 basis points better than the prior-year quarter. Operating margin was 15.9%, 130 basis points worse than the prior-year quarter. Net margin was 13.6%, 260 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $35.70 billion. The average EPS estimate is $4.40.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 2,549 members out of 3,122 rating the stock outperform, and 573 members rating it underperform. Among 643 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 526 give American International Group a green thumbs-up, and 117 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on American International Group is outperform, with an average price target of $37.79.