HSN (Nasdaq: HSNI) is expected to report Q2 earnings on 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 HSN's revenues will expand 5.1% and EPS will grow 37.7%.

The average estimate for revenue is $806.1 million. On the bottom line, the average EPS estimate is $0.73.

Revenue details
 Last quarter, HSN booked revenue of $772.7 million. GAAP reported sales were 4.7% higher than the prior-year quarter's $737.9 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 $0.56. GAAP EPS of $0.56 for Q1 were 30% 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 36.3%, 10 basis points better than the prior-year quarter. Operating margin was 6.8%, 10 basis points worse than the prior-year quarter. Net margin was 4.1%, 60 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $3.44 billion. The average EPS estimate is $3.06.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 65 members out of 100 rating the stock outperform, and 35 members rating it underperform. Among 38 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 36 give HSN a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on HSN is hold, with an average price target of $62.33.

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