Estée Lauder Companies (NYSE: EL) is expected to report Q3 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 Estée Lauder Companies's revenues will grow 3.9% and EPS will shrink -13.2%.

The average estimate for revenue is $2.34 billion. On the bottom line, the average EPS estimate is $0.33.

Revenue details
 Last quarter, Estée Lauder Companies reported revenue of $2.93 billion. GAAP reported sales were 7.1% higher than the prior-year quarter's $2.74 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 $1.16. GAAP EPS of $1.13 for Q2 were 13% higher than the prior-year quarter's $1.00 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 80.7%, 80 basis points better than the prior-year quarter. Operating margin was 22.8%, 50 basis points better than the prior-year quarter. Net margin was 15.3%, 80 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $10.25 billion. The average EPS estimate is $2.59.

Investor sentiment
 The stock has a one-star rating (out of five) at Motley Fool CAPS, with 171 members out of 236 rating the stock outperform, and 65 members rating it underperform. Among 85 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 65 give Estée Lauder Companies a green thumbs-up, and 20 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Estée Lauder Companies is outperform, with an average price target of $68.24.

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