Foster Wheeler (Nasdaq: FWLT) is expected to report Q3 earnings on Nov. 9. 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 Foster Wheeler's revenues will wither -5.2% and EPS will grow 33.3%.

The average estimate for revenue is $1.07 billion. On the bottom line, the average EPS estimate is $0.44.

Revenue details
 Last quarter, Foster Wheeler reported revenue of $943.0 million. GAAP reported sales were 20% lower than the prior-year quarter's $1.18 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 $0.32. GAAP EPS of $0.29 for Q2 were 44% lower than the prior-year quarter's $0.52 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 14.8%, 180 basis points better than the prior-year quarter. Operating margin was 4.9%, 70 basis points worse than the prior-year quarter. Net margin was 3.3%, 200 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $4.12 billion. The average EPS estimate is $1.64.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,636 members out of 1,686 rating the stock outperform, and 50 members rating it underperform. Among 367 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 361 give Foster Wheeler 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 Foster Wheeler is outperform, with an average price target of $30.58.