Advantage Oil & Gas (NYSE: AAV) is expected to report Q4 earnings on March 26. 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 Advantage Oil & Gas's revenues will wane -13.2% and EPS will remain in the red.

The average estimate for revenue is $41.2 million. On the bottom line, the average EPS estimate is -$0.04.

Revenue details
Last quarter, Advantage Oil & Gas reported revenue of $63.0 million. GAAP reported sales were 23% lower than the prior-year quarter's $72.4 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, EPS came in at -$0.02. GAAP EPS of -$0.02 were the same as 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 60.5%, 950 basis points worse than the prior-year quarter. Operating margin was -16.3%, much worse than the prior-year quarter. Net margin was -5.1%, 110 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $128.8 million. The average EPS estimate is -$0.27.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 571 members out of 599 rating the stock outperform, and 28 members rating it underperform. Among 89 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 85 give Advantage Oil & Gas a green thumbs-up, and four give it a red thumbs-down.

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