Wendy's (Nasdaq: WEN) 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 Wendy's revenues will grow 4.6% and EPS will decrease 0.0%.

The average estimate for revenue is $639.8 million. On the bottom line, the average EPS estimate is $0.05.

Revenue details
 Last quarter, Wendy's logged revenue of $645.9 million. GAAP reported sales were 3.8% higher than the prior-year quarter's $622.5 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 $0.05. GAAP EPS were -$0.01 for Q2 compared to $0.03 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 25.2%, 10 basis points worse than the prior-year quarter. Operating margin was 8.0%, 50 basis points worse than the prior-year quarter. Net margin was -0.9%, 270 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.51 billion. The average EPS estimate is $0.15.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 578 members out of 719 rating the stock outperform, and 141 members rating it underperform. Among 158 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 123 give Wendy's a green thumbs-up, and 35 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Wendy's is hold, with an average price target of $5.18.