Enterprise Products Partners (NYSE: EPD) is expected to report Q2 earnings around July 11. 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 Enterprise Products Partners's revenues will expand 16.7% and EPS will expand 7.8%.

The average estimate for revenue is $11.43 billion. On the bottom line, the average EPS estimate is $0.69.

Revenue details
 Last quarter, Enterprise Products Partners recorded revenue of $11.38 billion. GAAP reported sales were 1.2% higher than the prior-year quarter's $11.25 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 $0.77. GAAP EPS of $0.83 for Q1 were 14% higher than the prior-year quarter's $0.73 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 8.6%, 160 basis points better than the prior-year quarter. Operating margin was 8.1%, 150 basis points better than the prior-year quarter. Net margin was 6.6%, 80 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $47.67 billion. The average EPS estimate is $2.96.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,325 members out of 1,349 rating the stock outperform, and 24 members rating it underperform. Among 351 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 349 give Enterprise Products Partners a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Enterprise Products Partners is outperform, with an average price target of $61.19.

Is Enterprise Products Partners the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.