Xilinx (Nasdaq: XLNX) is expected to report Q3 earnings around Jan. 17. 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 Xilinx's revenues will grow 3.2% and EPS will compress -9.8%.

The average estimate for revenue is $527.3 million. On the bottom line, the average EPS estimate is $0.37.

Revenue details
Last quarter, Xilinx booked revenue of $543.9 million. GAAP reported sales were 2.0% lower than the prior-year quarter's $555.2 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, EPS came in at $0.46. GAAP EPS of $0.46 for Q2 were 2.1% lower than the prior-year quarter's $0.47 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 65.5%, 160 basis points better than the prior-year quarter. Operating margin was 27.2%, 130 basis points worse than the prior-year quarter. Net margin was 22.7%, about the same as the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.20 billion. The average EPS estimate is $1.76.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 327 members out of 367 rating the stock outperform, and 40 members rating it underperform. Among 108 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 100 give Xilinx a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Xilinx is hold, with an average price target of $36.28.

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