Noranda Aluminum Holding (NYSE: NOR) is expected to report Q2 earnings on July 24. 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 Noranda Aluminum Holding's revenues will wane -9.9% and EPS will shrink to a loss.

The average estimate for revenue is $334.8 million. On the bottom line, the average EPS estimate is -$0.14.

Revenue details
 Last quarter, Noranda Aluminum Holding chalked up revenue of $338.4 million. GAAP reported sales were 4.3% lower than the prior-year quarter's $353.5 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 -$0.02. GAAP EPS of $0.01 for Q1 were 96% lower than the prior-year quarter's $0.24 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 9.7%, 420 basis points worse than the prior-year quarter. Operating margin was 2.4%, 430 basis points worse than the prior-year quarter. Net margin was 0.2%, 440 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.36 billion. The average EPS estimate is -$0.31.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 40 members out of 43 rating the stock outperform, and three members rating it underperform. Among 10 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), eight give Noranda Aluminum Holding 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 Noranda Aluminum Holding is hold, with an average price target of $7.93.

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