Pandora Media (NYSE: P) is expected to report Q3 earnings around Nov. 21. 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 Pandora Media's revenues will grow 56.0% and EPS will increase from $0.00 per share the prior year.

The average estimate for revenue is $117.0 million. On the bottom line, the average EPS estimate is $0.01.

Revenue details
Last quarter, Pandora Media chalked up revenue of $101.3 million. GAAP reported sales were 51% higher than the prior-year quarter's $67.0 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 $0.00. GAAP EPS were -$0.03 for Q2 versus -$0.04 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 32.8%, 870 basis points worse than the prior-year quarter. Operating margin was -5.2%, 740 basis points worse than the prior-year quarter. Net margin was -5.3%, 260 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $429.1 million. The average EPS estimate is -$0.09.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 203 members out of 572 rating the stock outperform, and 369 members rating it underperform. Among 154 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 32 give Pandora Media a green thumbs-up, and 122 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Pandora Media is outperform, with an average price target of $14.05.