McDonald's (NYSE: MCD) is expected to report Q1 earnings on April 19. 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 McDonald's revenues will expand 0.7% and EPS will expand 2.4%.

The average estimate for revenue is $6.59 billion. On the bottom line, the average EPS estimate is $1.26.

Revenue details
 Last quarter, McDonald's booked revenue of $6.95 billion. GAAP reported sales were 1.9% higher than the prior-year quarter's $6.82 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, EPS came in at $1.38. GAAP EPS of $1.38 for Q4 were 3.8% higher than the prior-year quarter's $1.33 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 39.2%, 60 basis points worse than the prior-year quarter. Operating margin was 30.3%, 20 basis points better than the prior-year quarter. Net margin was 20.1%, 10 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $28.76 billion. The average EPS estimate is $5.77.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 5,929 members out of 6,237 rating the stock outperform, and 308 members rating it underperform. Among 1,579 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,535 give McDonald's a green thumbs-up, and 44 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on McDonald's is outperform, with an average price target of $96.68.

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