American Science & Engineering (Nasdaq: ASEI) is expected to report Q1 earnings on Aug. 5. 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 American Science & Engineering's revenues will drop -4.2% and EPS will expand 10.6%.

The average estimate for revenue is $45.3 million. On the bottom line, the average EPS estimate is $0.52.

Revenue details
 Last quarter, American Science & Engineering notched revenue of $42.3 million. GAAP reported sales were 6.3% higher than the prior-year quarter's $39.8 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, non-GAAP EPS came in at $0.57. GAAP EPS of $0.09 for Q4 were 40% lower than the prior-year quarter's $0.15 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 38.2%, 620 basis points worse than the prior-year quarter. Operating margin was 7.2%, 230 basis points better than the prior-year quarter. Net margin was 1.8%, 160 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $187.3 million. The average EPS estimate is $2.40.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 960 members out of 988 rating the stock outperform, and 28 members rating it underperform. Among 276 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 271 give American Science & Engineering 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 American Science & Engineering is outperform, with an average price target of $63.00.

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