Gorman-Rupp (AMEX: GRC) is expected to report Q2 earnings around July 22. 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 Gorman-Rupp's revenues will increase 2.0% and EPS will drop -8.3%.

The average estimate for revenue is $94.4 million. On the bottom line, the average EPS estimate is $0.33.

Revenue details
 Last quarter, Gorman-Rupp logged revenue of $92.5 million. GAAP reported sales were 10% lower than the prior-year quarter's $102.8 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, EPS came in at $0.28. GAAP EPS of $0.28 for Q1 were 43% lower than the prior-year quarter's $0.49 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 23.0%, 290 basis points worse than the prior-year quarter. Operating margin was 8.9%, 590 basis points worse than the prior-year quarter. Net margin was 6.3%, 370 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $381.5 million. The average EPS estimate is $1.35.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 291 members out of 304 rating the stock outperform, and 13 members rating it underperform. Among 60 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 58 give Gorman-Rupp 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 Gorman-Rupp is outperform, with an average price target of $30.67.

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