FX Energy (Nasdaq: FXEN) 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 FX Energy's revenues will wane -1.4% and EPS will wane -133.3%.

The average estimate for revenue is $10.0 million. On the bottom line, the average EPS estimate is $0.01.

Revenue details
 Last quarter, FX Energy tallied revenue of $8.6 million. GAAP reported sales were 6.6% lower than the prior-year quarter's $9.2 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 $0.02. GAAP EPS were -$0.23 for Q2 compared to $0.05 per share for the prior-year quarter.

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 84.6%, 890 basis points better than the prior-year quarter. Operating margin was 17.2%, 2,340 basis points better than the prior-year quarter. Net margin was -141.2%, 16,890 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $36.4 million. The average EPS estimate is $0.04.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 124 members out of 141 rating the stock outperform, and 17 members rating it underperform. Among 16 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 14 give FX Energy a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on FX Energy is buy, with an average price target of $9.65.

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