Con-way (NYSE: CNW) is expected to report Q1 earnings on May 1. 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 Con-way's revenues will expand 1.8% and EPS will contract -40.0%.

The average estimate for revenue is $1.39 billion. On the bottom line, the average EPS estimate is $0.27.

Revenue details
Last quarter, Con-way booked revenue of $1.36 billion. GAAP reported sales were 3.4% higher than the prior-year quarter's $1.32 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 $0.26. GAAP EPS of $0.21 for Q4 were 49% lower than the prior-year quarter's $0.41 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 17.6%, 30 basis points better than the prior-year quarter. Operating margin was 2.7%, 10 basis points worse than the prior-year quarter. Net margin was 0.9%, 80 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $5.82 billion. The average EPS estimate is $2.11.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 93 members out of 116 rating the stock outperform, and 23 members rating it underperform. Among 39 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 30 give Con-way a green thumbs-up, and nine give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Con-way is hold, with an average price target of $33.94.

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