Suncor Energy (TSX: SU) 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 Suncor Energy's revenues will drop -3.2% and EPS will shrink -28.2%.

The average estimate for revenue is $9.95 billion. On the bottom line, the average EPS estimate is $0.79.

Revenue details
Last quarter, Suncor Energy chalked up revenue of $9.53 billion. GAAP reported sales were 1.9% lower than the prior-year quarter's $9.60 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 $0.79. GAAP EPS of $0.20 for Q2 were 38% lower than the prior-year quarter's $0.32 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 51.9%, 700 basis points better than the prior-year quarter. Operating margin was 19.7%, 410 basis points better than the prior-year quarter. Net margin was 3.5%, 260 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $40.71 billion. The average EPS estimate is $3.22.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,624 members out of 1,689 rating the stock outperform, and 65 members rating it underperform. Among 328 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 317 give Suncor Energy a green thumbs-up, and 11 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Suncor Energy is outperform, with an average price target of $43.08.

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