Atmel (Nasdaq: ATML) is expected to report Q4 earnings on Feb. 6. 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 Atmel's revenues will drop -10.9% and EPS will compress -50.0%.

The average estimate for revenue is $341.9 million. On the bottom line, the average EPS estimate is $0.07.

Revenue details
Last quarter, Atmel booked revenue of $361.0 million. GAAP reported sales were 25% lower than the prior-year quarter's $479.4 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 $0.10. GAAP EPS of $0.05 for Q3 were 80% lower than the prior-year quarter's $0.25 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 43.1%, 700 basis points worse than the prior-year quarter. Operating margin was 7.6%, 1,490 basis points worse than the prior-year quarter. Net margin was 6.0%, 1,830 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.43 billion. The average EPS estimate is $0.33.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 379 members out of 415 rating the stock outperform, and 36 members rating it underperform. Among 86 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 81 give Atmel a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Atmel is outperform, with an average price target of $7.21.

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