Symantec (Nasdaq: SYMC) is expected to report Q3 earnings on Jan. 23. 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 Symantec's revenues will grow 1.2% and EPS will wither -9.5%.

The average estimate for revenue is $1.74 billion. On the bottom line, the average EPS estimate is $0.38.

Revenue details
Last quarter, Symantec recorded revenue of $1.70 billion. GAAP reported sales were 1.1% higher than the prior-year quarter's $1.68 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 $0.45. GAAP EPS of $0.27 for Q2 were 13% higher than the prior-year quarter's $0.24 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 84.4%, 120 basis points worse than the prior-year quarter. Operating margin was 19.3%, 190 basis points better than the prior-year quarter. Net margin was 11.4%, 60 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $6.84 billion. The average EPS estimate is $1.66.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 542 members out of 634 rating the stock outperform, and 92 members rating it underperform. Among 173 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 151 give Symantec a green thumbs-up, and 22 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Symantec is outperform, with an average price target of $19.02.

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