Akorn (Nasdaq: AKRX) is expected to report Q2 earnings around Aug. 6. 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 Akorn's revenues will grow 19.4% and EPS will drop 0.0%.

The average estimate for revenue is $75.6 million. On the bottom line, the average EPS estimate is $0.10.

Revenue details
 Last quarter, Akorn logged revenue of $73.9 million. GAAP reported sales were 43% higher than the prior-year quarter's $51.7 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
 Last quarter, EPS came in at $0.10. GAAP EPS of $0.10 for Q1 were 233% higher than the prior-year quarter's $0.03 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Recent performance
 For the preceding quarter, gross margin was 53.0%, 680 basis points worse than the prior-year quarter. Operating margin was 25.9%, 530 basis points worse than the prior-year quarter. Net margin was 14.7%, 870 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $315.5 million. The average EPS estimate is $0.44.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 160 members out of 172 rating the stock outperform, and 12 members rating it underperform. Among 40 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 34 give Akorn a green thumbs-up, and six give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Akorn is outperform, with an average price target of $16.75.