Exxon Mobil (NYSE: XOM) is expected to report Q2 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 Exxon Mobil's revenues will drop -14.1% and EPS will grow 5.6%.

The average estimate for revenue is $109.38 billion. On the bottom line, the average EPS estimate is $1.90.

Revenue details
Last quarter, Exxon Mobil tallied revenue of $108.81 billion. GAAP reported sales were 13% lower than the prior-year quarter's $111.42 billion.

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 $2.12. GAAP EPS of $2.12 for Q1 were 6.0% higher than the prior-year quarter's $2.00 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 28.1%, 40 basis points worse than the prior-year quarter. Operating margin was 12.0%, 10 basis points worse than the prior-year quarter. Net margin was 9.8%, 130 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $446.40 billion. The average EPS estimate is $7.97.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 7,896 members out of 8,391 rating the stock outperform, and 495 members rating it underperform. Among 1,697 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,619 give Exxon Mobil a green thumbs-up, and 78 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Exxon Mobil is outperform, with an average price target of $95.35.

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