IPG Photonics (Nasdaq: IPGP) is expected to report Q2 earnings on July 30. 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 IPG Photonics's revenues will grow 16.7% and EPS will grow 14.7%.

The average estimate for revenue is $161.0 million. On the bottom line, the average EPS estimate is $0.78.

Revenue details
 Last quarter, IPG Photonics reported revenue of $141.9 million. GAAP reported sales were 15% higher than the prior-year quarter's $123.2 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, EPS came in at $0.67. GAAP EPS of $0.67 for Q1 were 9.8% higher than the prior-year quarter's $0.61 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 53.3%, 250 basis points worse than the prior-year quarter. Operating margin was 34.7%, 300 basis points worse than the prior-year quarter. Net margin was 24.8%, 50 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $641.2 million. The average EPS estimate is $3.11.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,480 members out of 1,512 rating the stock outperform, and 32 members rating it underperform. Among 474 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 466 give IPG Photonics a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on IPG Photonics is outperform, with an average price target of $72.38.

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