Leap Wireless International (Nasdaq: LEAP) is expected to report Q4 earnings on Feb. 20. 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 Leap Wireless International's revenues will grow 1.5% and EPS will remain in the red.

The average estimate for revenue is $778.8 million. On the bottom line, the average EPS estimate is -$1.57.

Revenue details
 Last quarter, Leap Wireless International chalked up revenue of $774.0 million. GAAP reported sales were 1.4% higher than the prior-year quarter's $763.3 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 -$1.14. GAAP EPS were $0.32 for Q3 versus -$0.90 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 39.2%, 230 basis points worse than the prior-year quarter. Operating margin was -4.2%, 530 basis points worse than the prior-year quarter. Net margin was 3.2%, 1,220 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $3.16 billion. The average EPS estimate is -$3.66.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 186 members out of 239 rating the stock outperform, and 53 members rating it underperform. Among 53 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 40 give Leap Wireless International a green thumbs-up, and 13 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Leap Wireless International is hold, with an average price target of $6.05.

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