Quantum (NYSE: QTM) is expected to report Q4 earnings on May 8. 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 Quantum's revenues will decrease -8.7% and EPS will grow from $0.00 per share the prior year.

The average estimate for revenue is $146.4 million. On the bottom line, the average EPS estimate is -$0.01.

Revenue details
Last quarter, Quantum booked revenue of $159.4 million. GAAP reported sales were 8.1% lower than the prior-year quarter's $173.5 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 $0.02. GAAP EPS were -$0.04 for Q3 against $0.02 per share for the prior-year quarter.

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 42.7%, 20 basis points better than the prior-year quarter. Operating margin was 0.5%, 350 basis points worse than the prior-year quarter. Net margin was -5.1%, 740 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $594.0 million. The average EPS estimate is -$0.05.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 171 members out of 198 rating the stock outperform, and 27 members rating it underperform. Among 24 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 17 give Quantum a green thumbs-up, and seven give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Quantum is hold, with an average price target of $2.07.

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