Pegasystems (Nasdaq: PEGA) is expected to report Q3 earnings around Nov. 7. 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 Pegasystems's revenues will grow 19.4% and EPS will grow 46.2%.

The average estimate for revenue is $114.0 million. On the bottom line, the average EPS estimate is $0.19.

Revenue details
Last quarter, Pegasystems recorded revenue of $105.1 million. GAAP reported sales were 1.5% higher than the prior-year quarter's $103.5 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 $0.09. GAAP EPS were -$0.06 for Q2 versus $0.06 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 61.9%, 90 basis points better than the prior-year quarter. Operating margin was -2.6%, 590 basis points worse than the prior-year quarter. Net margin was -2.2%, 440 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $465.2 million. The average EPS estimate is $0.87.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 161 members out of 182 rating the stock outperform, and 21 members rating it underperform. Among 49 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 43 give Pegasystems 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 Pegasystems is hold, with an average price target of $40.00.

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