Harman International Industries (NYSE: HAR) 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 Harman International Industries's revenues will wither -3.6% and EPS will wither -17.6%.

The average estimate for revenue is $1.06 billion. On the bottom line, the average EPS estimate is $0.61.

Revenue details
Last quarter, Harman International Industries notched revenue of $1.06 billion. GAAP reported sales were 6.3% lower than the prior-year quarter's $1.13 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 $0.59. GAAP EPS of $0.68 for Q2 were 17% lower than the prior-year quarter's $0.82 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 25.7%, 140 basis points worse than the prior-year quarter. Operating margin was 6.5%, 170 basis points worse than the prior-year quarter. Net margin was 4.5%, 80 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $4.21 billion. The average EPS estimate is $2.80.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 169 members out of 185 rating the stock outperform, and 16 members rating it underperform. Among 50 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 48 give Harman International Industries 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 Harman International Industries is hold, with an average price target of $53.57.

The rich are different than you and me: They might not notice the moneymaking stories right under our noses. In our new report, "Middle-Class Millionaire-Makers: 3 Stocks Wall Street's Too Rich to Notice," we give you three Peter Lynch-inspired buy-what-you-know stocks for the 99%. Click here for instant access to this free report.