Hess (NYSE: HES) is expected to report Q1 earnings around Feb. 9. 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 Hess's revenues will shrink -4.2% and EPS will expand 4.7%.

The average estimate for revenue is $9.33 billion. On the bottom line, the average EPS estimate is $1.57.

Revenue details
 Last quarter, Hess notched revenue of $9.70 billion. GAAP reported sales were 2.3% lower than the prior-year quarter's $9.73 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 $1.20. GAAP EPS were $1.66 for Q4 against -$0.39 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 24.1%, 220 basis points better than the prior-year quarter. Operating margin was 9.8%, 160 basis points worse than the prior-year quarter. Net margin was 6.0%, 730 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $36.84 billion. The average EPS estimate is $6.32.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 929 members out of 963 rating the stock outperform, and 34 members rating it underperform. Among 219 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 209 give Hess a green thumbs-up, and 10 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Hess is outperform, with an average price target of $63.74.

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