FLIR Systems (Nasdaq: FLIR) is expected to report Q1 earnings on April 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 FLIR Systems's revenues will increase 4.2% and EPS will increase 12.5%.

The average estimate for revenue is $363.1 million. On the bottom line, the average EPS estimate is $0.36.

Revenue details
 Last quarter, FLIR Systems tallied revenue of $386.4 million. GAAP reported sales were 4.6% lower than the prior-year quarter's $405.2 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 $0.52. GAAP EPS of $0.52 for Q4 were 8.3% higher than the prior-year quarter's $0.48 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 53.2%, 230 basis points worse than the prior-year quarter. Operating margin was 25.9%, 120 basis points worse than the prior-year quarter. Net margin was 20.0%, 120 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.52 billion. The average EPS estimate is $1.66.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 774 members out of 800 rating the stock outperform, and 26 members rating it underperform. Among 144 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 142 give FLIR Systems a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on FLIR Systems is hold, with an average price target of $23.00.

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