Advanced Semiconductor Engineering (NYSE: ASX) is expected to report Q2 earnings around July 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 Advanced Semiconductor Engineering's revenues will grow 10.9% and EPS will grow 28.6%.

The average estimate for revenue is $1.70 billion. On the bottom line, the average EPS estimate is $0.09.

Revenue details
Last quarter, Advanced Semiconductor Engineering notched revenue of $1.61 billion. GAAP reported sales were 11% higher than the prior-year quarter's $1.46 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, non-GAAP EPS came in at $0.05. GAAP EPS of $0.01 were the same as 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 17.2%, 50 basis points better than the prior-year quarter. Operating margin was 7.5%, 90 basis points better than the prior-year quarter. Net margin was 4.6%, 20 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $7.01 billion. The average EPS estimate is $0.34.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Advanced Semiconductor Engineering is outperform, with an average price target of $4.59.

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