NVIDIA (Nasdaq: NVDA) is expected to report Q3 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 NVIDIA's revenues will expand 12.0% and EPS will grow 2.9%.

The average estimate for revenue is $1.19 billion. On the bottom line, the average EPS estimate is $0.36.

Revenue details
Last quarter, NVIDIA logged revenue of $1.04 billion. GAAP reported sales were 2.7% higher than the prior-year quarter's $1.02 billion.

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 $0.27. GAAP EPS of $0.19 for Q2 were 24% lower than the prior-year quarter's $0.25 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 51.8%, 10 basis points better than the prior-year quarter. Operating margin was 15.3%, 180 basis points worse than the prior-year quarter. Net margin was 11.4%, 350 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $4.37 billion. The average EPS estimate is $1.13.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 5,315 members out of 5,546 rating the stock outperform, and 231 members rating it underperform. Among 1,111 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,077 give NVIDIA a green thumbs-up, and 34 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on NVIDIA is outperform, with an average price target of $16.12.

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