Ameresco (NYSE: AMRC) 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 Ameresco's revenues will wane -14.0% and EPS will contract -14.8%.

The average estimate for revenue is $196.0 million. On the bottom line, the average EPS estimate is $0.23.

Revenue details
Last quarter, Ameresco chalked up revenue of $164.1 million. GAAP reported sales were 0.8% lower than the prior-year quarter's $165.5 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, EPS came in at $0.11. GAAP EPS of $0.11 for Q2 were 42% lower than the prior-year quarter's $0.19 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 19.0%, 40 basis points worse than the prior-year quarter. Operating margin was 5.0%, 310 basis points worse than the prior-year quarter. Net margin was 3.1%, 220 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $709.3 million. The average EPS estimate is $0.70.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 414 members out of 421 rating the stock outperform, and seven members rating it underperform. Among 73 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 72 give Ameresco a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ameresco is outperform, with an average price target of $16.42.

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.