EV Energy Partners (Nasdaq: EVEP) is expected to report Q2 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 EV Energy Partners's revenues will increase 35.7% and EPS will wither -47.1%.

The average estimate for revenue is $86.2 million. On the bottom line, the average EPS estimate is $0.18.

Revenue details
Last quarter, EV Energy Partners reported revenue of $73.7 million. GAAP reported sales were 5.2% lower than the prior-year quarter's $77.7 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 $0.06. GAAP EPS were -$1.08 for Q1 against $0.69 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 59.6%, 140 basis points better than the prior-year quarter. Operating margin was -45.9%, much worse than the prior-year quarter. Net margin was -63.2%, much worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $346.3 million. The average EPS estimate is $0.46.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 391 members out of 407 rating the stock outperform, and 16 members rating it underperform. Among 101 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 98 give EV Energy Partners 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 EV Energy Partners is outperform, with an average price target of $65.14.

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