Schlumberger (NYSE: SLB) 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 Schlumberger's revenues will increase 0.9% and EPS will increase 1.0%.

The average estimate for revenue is $10.71 billion. On the bottom line, the average EPS estimate is $0.99.

Revenue details
Last quarter, Schlumberger chalked up revenue of $11.17 billion. GAAP reported sales were 8.5% higher than the prior-year quarter's $10.30 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, non-GAAP EPS came in at $1.08. GAAP EPS of $1.02 for Q4 were 3.8% lower than the prior-year quarter's $1.06 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 21.3%, 170 basis points worse than the prior-year quarter. Operating margin was 17.5%, 180 basis points worse than the prior-year quarter. Net margin was 12.2%, 150 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $45.92 billion. The average EPS estimate is $4.68.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 3,014 members out of 3,095 rating the stock outperform, and 81 members rating it underperform. Among 558 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 543 give Schlumberger a green thumbs-up, and 15 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Schlumberger is outperform, with an average price target of $88.10.

Is Schlumberger the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.