Zipcar (Nasdaq: ZIP) is expected to report Q3 earnings on Nov. 8. 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 Zipcar's revenues will grow 11.4% and EPS will wither -50.0%.

The average estimate for revenue is $75.8 million. On the bottom line, the average EPS estimate is $0.01.

Revenue details
Last quarter, Zipcar logged revenue of $70.8 million. GAAP reported sales were 15% higher than the prior-year quarter's $61.6 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 -$0.01. GAAP EPS were -$0.01 for Q2 compared to -$0.17 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 38.0%, 380 basis points better than the prior-year quarter. Operating margin was 2.1%, 160 basis points better than the prior-year quarter. Net margin was -0.6%, 840 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $274.7 million. The average EPS estimate is $0.05.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 869 members out of 949 rating the stock outperform, and 80 members rating it underperform. Among 250 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 230 give Zipcar a green thumbs-up, and 20 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Zipcar is underperform, with an average price target of $16.86.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.