BMC Software (Nasdaq: BMC) is expected to report Q1 earnings around July 26. 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 BMC Software's revenues will increase 4.9% and EPS will increase 20.0%.

The average estimate for revenue is $529.1 million. On the bottom line, the average EPS estimate is $0.78.

Revenue details
 Last quarter, BMC Software logged revenue of $568.6 million. GAAP reported sales were 0.7% higher than the prior-year quarter's $564.7 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 $0.87. GAAP EPS of $0.50 for Q4 were 16% higher than the prior-year quarter's $0.43 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 74.0%, 230 basis points better than the prior-year quarter. Operating margin was 23.2%, 440 basis points better than the prior-year quarter. Net margin was 12.8%, 30 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $2.30 billion. The average EPS estimate is $3.80.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 310 members out of 331 rating the stock outperform, and 21 members rating it underperform. Among 109 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 106 give BMC Software 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 BMC Software is hold, with an average price target of $44.58.

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