Noble Energy (NYSE: NBL) 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 Noble Energy's revenues will grow 22.9% and EPS will grow 92.3%.

The average estimate for revenue is $1.19 billion. On the bottom line, the average EPS estimate is $0.75.

Revenue details
 Last quarter, Noble Energy reported revenue of $1.14 billion. GAAP reported sales were 4.4% higher than the prior-year quarter's $1.04 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 $0.74. GAAP EPS of $0.72 for Q1 were 1.4% lower 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 82.7%, 160 basis points worse than the prior-year quarter. Operating margin was 25.7%, 470 basis points worse than the prior-year quarter. Net margin was 24.1%, 130 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $5.19 billion. The average EPS estimate is $3.64.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 407 members out of 421 rating the stock outperform, and 14 members rating it underperform. Among 99 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 95 give Noble Energy a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Noble Energy is outperform, with an average price target of $64.24.

Is Noble Energy 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.