Bed Bath & Beyond (Nasdaq: BBBY) is expected to report Q1 earnings around June 29. 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 Bed Bath & Beyond's revenues will expand 17.3% and EPS will expand 4.5%.

The average estimate for revenue is $2.60 billion. On the bottom line, the average EPS estimate is $0.93.

Revenue details
 Last quarter, Bed Bath & Beyond logged revenue of $3.40 billion. GAAP reported sales were 24% higher than the prior-year quarter's $2.73 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 $1.68. GAAP EPS of $1.68 for Q4 were 14% higher than the prior-year quarter's $1.48 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 41.0%, 160 basis points worse than the prior-year quarter. Operating margin was 17.6%, 260 basis points worse than the prior-year quarter. Net margin was 11.0%, 180 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $11.68 billion. The average EPS estimate is $4.99.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 1,118 members out of 1,326 rating the stock outperform, and 208 members rating it underperform. Among 485 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 447 give Bed Bath & Beyond a green thumbs-up, and 38 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Bed Bath & Beyond is outperform, with an average price target of $69.13.

Is Bed Bath & Beyond the right retailer for your portfolio? Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks," including one above-average retailing powerhouse. Click here for instant access to this free report.