McDermott International (NYSE: MDR) is expected to report Q3 earnings on Nov. 6. 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 McDermott International's revenues will expand 11.9% and EPS will grow 500.0%.

The average estimate for revenue is $985.0 million. On the bottom line, the average EPS estimate is $0.24.

Revenue details
Last quarter, McDermott International tallied revenue of $889.2 million. GAAP reported sales were 4.6% higher than the prior-year quarter's $849.8 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, EPS came in at $0.22. GAAP EPS of $0.22 for Q2 were 24% lower than the prior-year quarter's $0.29 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 14.6%, 260 basis points worse than the prior-year quarter. Operating margin was 9.2%, 90 basis points worse than the prior-year quarter. Net margin was 5.9%, 200 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $3.60 billion. The average EPS estimate is $0.97.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,294 members out of 1,326 rating the stock outperform, and 32 members rating it underperform. Among 293 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 287 give McDermott International a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on McDermott International is outperform, with an average price target of $16.44.

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