Internap Network Services (Nasdaq: INAP) is expected to report Q2 earnings on July 25. 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 Internap Network Services's revenues will grow 2.1% and EPS will shrink to a loss.

The average estimate for revenue is $70.1 million. On the bottom line, the average EPS estimate is -$0.01.

Revenue details
Last quarter, Internap Network Services logged revenue of $69.7 million. GAAP reported sales were 4.0% higher than the prior-year quarter's $67.0 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 $0.00. GAAP EPS were -$0.03 for Q1 against $0.00 per share for 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 42.6%, 90 basis points worse than the prior-year quarter. Operating margin was 1.5%, 110 basis points worse than the prior-year quarter. Net margin was -2.4%, 260 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $282.4 million. The average EPS estimate is -$0.01.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 255 members out of 275 rating the stock outperform, and 20 members rating it underperform. Among 49 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 46 give Internap Network Services a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Internap Network Services is outperform, with an average price target of $10.38.

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