Quantum (NYSE: QTM) is expected to report Q1 earnings around Aug. 1. 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 Quantum's revenues will grow 6.4% and EPS will remain in the red.

The average estimate for revenue is $149.8 million. On the bottom line, the average EPS estimate is -$0.01.

Revenue details
Last quarter, Quantum notched revenue of $140.0 million. GAAP reported sales were 13% lower than the prior-year quarter's $160.3 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 were -$0.06 for Q4 versus -$0.05 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 41.2%, 50 basis points better than the prior-year quarter. Operating margin was -6.2%, 280 basis points worse than the prior-year quarter. Net margin was -10.4%, 350 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $615.9 million. The average EPS estimate is $0.05.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 171 members out of 198 rating the stock outperform, and 27 members rating it underperform. Among 28 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 23 give Quantum a green thumbs-up, and five give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Quantum is hold, with an average price target of $2.13.

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