Charter Communications (Nasdaq: CHTR) is expected to report Q2 earnings on 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 Charter Communications's revenues will expand 4.3% and EPS will turn positive

The average estimate for revenue is $1.97 billion. On the bottom line, the average EPS estimate is $0.08.

Revenue details
 Last quarter, Charter Communications chalked up revenue of $1.92 billion. GAAP reported sales were 4.9% higher than the prior-year quarter's $1.83 billion.

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, non-GAAP EPS came in at $0.03. GAAP EPS were -$0.42 for Q1 compared to -$0.95 per share for the prior-year quarter.

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 53.6%, 100 basis points worse than the prior-year quarter. Operating margin was 12.2%, 60 basis points worse than the prior-year quarter. Net margin was -2.2%, 290 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $8.04 billion. The average EPS estimate is $0.31.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Charter Communications is outperform, with an average price target of $93.80.

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