International Game Technology (NYSE: IGT) is expected to report Q4 earnings around 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 International Game Technology's revenues will expand 9.1% and EPS will grow 33.3%.

The average estimate for revenue is $589.0 million. On the bottom line, the average EPS estimate is $0.32.

Revenue details
Last quarter, International Game Technology reported revenue of $532.8 million. GAAP reported sales were 9.0% higher than the prior-year quarter's $489.0 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 $0.23. GAAP EPS of $0.16 for Q3 were 43% lower than the prior-year quarter's $0.28 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 56.8%, 220 basis points worse than the prior-year quarter. Operating margin was 22.8%, 600 basis points worse than the prior-year quarter. Net margin was 8.7%, 910 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.10 billion. The average EPS estimate is $0.98.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 649 members out of 691 rating the stock outperform, and 42 members rating it underperform. Among 166 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 160 give International Game Technology 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 International Game Technology is outperform, with an average price target of $19.73.

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.