Verint Systems (Nasdaq: VRNT) is expected to report Q1 earnings on June 3. 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 Verint Systems's revenues will grow 3.4% and EPS will wither -1.9%.

The average estimate for revenue is $203.3 million. On the bottom line, the average EPS estimate is $0.52.

Revenue details
 Last quarter, Verint Systems reported revenue of $230.1 million. GAAP reported sales were 8.0% higher than the prior-year quarter's $212.0 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 $0.91. GAAP EPS of $0.43 for Q4 were 26% higher than the prior-year quarter's $0.34 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 70.0%, 310 basis points better than the prior-year quarter. Operating margin was 18.7%, 260 basis points better than the prior-year quarter. Net margin was 11.3%, 320 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $901.7 million. The average EPS estimate is $2.76.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Verint Systems is outperform, with an average price target of $35.07.

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