Mid-Con Energy Partners (Nasdaq: MCEP) 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 Mid-Con Energy Partners's revenues will grow 59.6% and EPS will grow 35.7%.

The average estimate for revenue is $22.1 million. On the bottom line, the average EPS estimate is $0.57.

Revenue details
 Last quarter, Mid-Con Energy Partners chalked up revenue of $20.2 million. GAAP reported sales were 30% higher than the prior-year quarter's $15.5 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 $0.30. GAAP EPS of $0.21 for Q1 were 133% higher than the prior-year quarter's $0.09 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 79.5%, 360 basis points worse than the prior-year quarter. Operating margin was 23.2%, much better than the prior-year quarter. Net margin was 20.1%, 940 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $92.3 million. The average EPS estimate is $2.01.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 15 members out of 15 rating the stock outperform, and members rating it underperform. Among six CAPS All-Star picks (recommendations by the highest-ranked CAPS members), six give Mid-Con Energy Partners a green thumbs-up, and give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Mid-Con Energy Partners is outperform, with an average price target of $26.14.

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