Emerson Electric (NYSE: EMR) is expected to report Q2 earnings on May 7. 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 Emerson Electric's revenues will expand 1.9% and EPS will expand 5.4%.

The average estimate for revenue is $6.03 billion. On the bottom line, the average EPS estimate is $0.78.

Revenue details
 Last quarter, Emerson Electric notched revenue of $5.55 billion. GAAP reported sales were 4.6% higher than the prior-year quarter's $5.31 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, EPS came in at $0.62. GAAP EPS of $0.62 for Q1 were 24% higher than the prior-year quarter's $0.50 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 39.7%, 100 basis points better than the prior-year quarter. Operating margin was 13.2%, 140 basis points better than the prior-year quarter. Net margin was 8.2%, 120 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $25.18 billion. The average EPS estimate is $3.59.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,383 members out of 1,410 rating the stock outperform, and 27 members rating it underperform. Among 378 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 372 give Emerson Electric a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Emerson Electric is outperform, with an average price target of $55.33.

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