Goldcorp (NYSE: GG) is expected to report Q1 earnings on May 2. 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 Goldcorp's revenues will shrink -3.4% and EPS will decrease -20.0%.

The average estimate for revenue is $1.30 billion. On the bottom line, the average EPS estimate is $0.40.

Revenue details
Last quarter, Goldcorp logged revenue of $1.44 billion. GAAP reported sales were 5.3% lower than the prior-year quarter's $1.52 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 $0.57. GAAP EPS of $0.36 for Q4 were 5.9% higher than the prior-year quarter's $0.34 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 53.5%, 560 basis points worse than the prior-year quarter. Operating margin was 44.5%, 180 basis points worse than the prior-year quarter. Net margin was 35.1%, 840 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $5.66 billion. The average EPS estimate is $1.75.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 2,199 members out of 2,343 rating the stock outperform, and 144 members rating it underperform. Among 312 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 268 give Goldcorp 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 Goldcorp is outperform, with an average price target of $52.98.

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