BMC Software (Nasdaq: BMC) is expected to report Q4 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 BMC Software's revenues will grow 5.2% and EPS will increase 27.0%.

The average estimate for revenue is $594.1 million. On the bottom line, the average EPS estimate is $0.94.

Revenue details
Last quarter, BMC Software logged revenue of $580.2 million. GAAP reported sales were 5.8% higher than the prior-year quarter's $548.2 million.

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 $0.99. GAAP EPS of $0.70 for Q3 were 1.4% lower than the prior-year quarter's $0.71 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 74.4%, 50 basis points worse than the prior-year quarter. Operating margin was 25.4%, 410 basis points worse than the prior-year quarter. Net margin was 18.3%, 360 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.23 billion. The average EPS estimate is $3.43.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 327 members out of 349 rating the stock outperform, and 22 members rating it underperform. Among 114 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 111 give BMC Software a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on BMC Software is outperform, with an average price target of $43.92.

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