QUALCOMM (Nasdaq: QCOM) is expected to report Q4 earnings on 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 QUALCOMM's revenues will increase 13.2% and EPS will grow 2.5%.

The average estimate for revenue is $4.66 billion. On the bottom line, the average EPS estimate is $0.82.

Revenue details
Last quarter, QUALCOMM notched revenue of $4.63 billion. GAAP reported sales were 28% higher than the prior-year quarter's $3.62 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 $0.85. GAAP EPS of $0.69 for Q3 were 13% higher than the prior-year quarter's $0.61 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 62.8%, 360 basis points worse than the prior-year quarter. Operating margin was 30.0%, 230 basis points worse than the prior-year quarter. Net margin was 26.1%, 250 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $18.91 billion. The average EPS estimate is $3.65.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 2,395 members out of 2,536 rating the stock outperform, and 141 members rating it underperform. Among 515 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 489 give QUALCOMM a green thumbs-up, and 26 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on QUALCOMM is outperform, with an average price target of $70.91.

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