Intuit (Nasdaq: INTU) is expected to report Q3 earnings on May 21. 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 Intuit's revenues will increase 12.1% and EPS will expand 16.7%.

The average estimate for revenue is $2.18 billion. On the bottom line, the average EPS estimate is $2.93.

Revenue details
 Last quarter, Intuit reported revenue of $968.0 million. GAAP reported sales were 3.1% lower than the prior-year quarter's $999.0 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 $0.33. GAAP EPS of $0.23 for Q2 were 41% lower than the prior-year quarter's $0.39 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 79.1%, 70 basis points worse than the prior-year quarter. Operating margin was 9.6%, 990 basis points worse than the prior-year quarter. Net margin was 7.3%, 450 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $4.51 billion. The average EPS estimate is $3.32.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 595 members out of 629 rating the stock outperform, and 34 members rating it underperform. Among 196 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 191 give Intuit a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Intuit is outperform, with an average price target of $63.81.

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