Hittite Microwave (Nasdaq: HITT) is expected to report Q4 earnings on Feb. 21. 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 Hittite Microwave's revenues will expand 12.4% and EPS will grow 9.8%.

The average estimate for revenue is $67.7 million. On the bottom line, the average EPS estimate is $0.56.

Revenue details
 Last quarter, Hittite Microwave booked revenue of $67.2 million. GAAP reported sales were 1.4% lower than the prior-year quarter's $68.1 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, EPS came in at $0.57. GAAP EPS of $0.57 for Q3 were 22% lower than the prior-year quarter's $0.73 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 73.6%, 90 basis points worse than the prior-year quarter. Operating margin was 41.0%, 780 basis points worse than the prior-year quarter. Net margin was 26.3%, 660 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $263.6 million. The average EPS estimate is $2.20.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 241 members out of 253 rating the stock outperform, and 12 members rating it underperform. Among 76 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 70 give Hittite Microwave 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 Hittite Microwave is outperform, with an average price target of $54.75.

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