Vanguard Natural Resources (NYSE: VNR) 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 Vanguard Natural Resources's revenues will expand 34.8% and EPS will drop -17.0%.

The average estimate for revenue is $100.3 million. On the bottom line, the average EPS estimate is $0.39.

Revenue details
 Last quarter, Vanguard Natural Resources reported revenue of $151.9 million. GAAP reported sales were 17% lower than the prior-year quarter's $80.4 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 $0.17. GAAP EPS of $1.98 for Q2 were 89% higher than the prior-year quarter's $1.05 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 64.0%, 800 basis points worse than the prior-year quarter. Operating margin was 154.0%, 7,620 basis points better than the prior-year quarter. Net margin was 155.7%, 11,610 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $385.5 million. The average EPS estimate is $1.57.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 258 members out of 271 rating the stock outperform, and 13 members rating it underperform. Among 68 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 66 give Vanguard Natural Resources a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Vanguard Natural Resources is outperform, with an average price target of $32.63.

Can your portfolio provide you with enough income to last through retirement? You'll need more than Vanguard Natural Resources. Learn how to maximize your investment income and get "The 3 DOW Stocks Dividend Investors Need." Click here for instant access to this free report.