Silicon Image (Nasdaq: SIMG) 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 Silicon Image's revenues will grow 12.6% and EPS will expand 40.0%.

The average estimate for revenue is $71.9 million. On the bottom line, the average EPS estimate is $0.07.

Revenue details
Last quarter, Silicon Image reported revenue of $62.0 million. GAAP reported sales were 13% higher than the prior-year quarter's $55.0 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 $0.04. GAAP EPS were -$0.01 for Q1 versus -$0.12 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 58.0%, 20 basis points better than the prior-year quarter. Operating margin was 1.2%, much better than the prior-year quarter. Net margin was -0.9%, much better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $293.6 million. The average EPS estimate is $0.30.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 684 members out of 718 rating the stock outperform, and 34 members rating it underperform. Among 124 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 116 give Silicon Image 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 Silicon Image is buy, with an average price target of $7.67.

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