Silicom (Nasdaq: SILC) is expected to report Q2 earnings on 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 Silicom's revenues will grow 46.5% and EPS will grow 14.7%.

The average estimate for revenue is $15.3 million. On the bottom line, the average EPS estimate is $0.39.

Revenue details
 Last quarter, Silicom reported revenue of $15.0 million. GAAP reported sales were 49% higher than the prior-year quarter's $10.1 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 $0.46. GAAP EPS of $0.43 for Q1 were 54% higher than the prior-year quarter's $0.28 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 40.1%, 110 basis points worse than the prior-year quarter. Operating margin was 22.1%, 320 basis points better than the prior-year quarter. Net margin was 20.6%, 100 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $64.8 million. The average EPS estimate is $1.79.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 117 members out of 119 rating the stock outperform, and two members rating it underperform. Among 16 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 16 give Silicom a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Silicom is buy, with an average price target of $28.50.

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