Abraxas Petroleum (Nasdaq: AXAS) is expected to report Q4 earnings on March 15. 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 Abraxas Petroleum's revenues will increase 10.4% and EPS will come to zero.

The average estimate for revenue is $18.2 million. On the bottom line, the average EPS estimate is $0.00.

Revenue details
 Last quarter, Abraxas Petroleum recorded revenue of $17.2 million. GAAP reported sales were 2.8% lower than the prior-year quarter's $17.7 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 -$0.01. GAAP EPS were -$0.20 for Q3 against $0.21 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 50.3%, 880 basis points worse than the prior-year quarter. Operating margin was -28.8%, much worse than the prior-year quarter. Net margin was -108.6%, much worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $69.4 million. The average EPS estimate is $0.03.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 725 members out of 758 rating the stock outperform, and 33 members rating it underperform. Among 100 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 93 give Abraxas Petroleum a green thumbs-up, and seven give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Abraxas Petroleum is outperform, with an average price target of $4.08.

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