Maxim Integrated Products (Nasdaq: MXIM) is expected to report Q2 earnings on Jan. 24. 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 Maxim Integrated Products's revenues will expand 3.2% and EPS will grow 20.6%.

The average estimate for revenue is $610.2 million. On the bottom line, the average EPS estimate is $0.41.

Revenue details
Last quarter, Maxim Integrated Products reported revenue of $623.1 million. GAAP reported sales were 2.0% lower than the prior-year quarter's $636.0 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 $0.47. GAAP EPS of $0.43 for Q1 were 2.3% lower than the prior-year quarter's $0.44 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 61.9%, 30 basis points worse than the prior-year quarter. Operating margin was 27.0%, 20 basis points worse than the prior-year quarter. Net margin was 20.5%, 50 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.47 billion. The average EPS estimate is $1.74.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 282 members out of 307 rating the stock outperform, and 25 members rating it underperform. Among 101 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 95 give Maxim Integrated Products 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 Maxim Integrated Products is outperform, with an average price target of $31.04.

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