Pegasystems (Nasdaq: PEGA) is expected to report Q2 earnings around 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 Pegasystems's revenues will grow 9.5% and EPS will grow 88.9%.

The average estimate for revenue is $115.1 million. On the bottom line, the average EPS estimate is $0.17.

Revenue details
Last quarter, Pegasystems logged revenue of $116.2 million. GAAP reported sales were 4.6% higher than the prior-year quarter's $111.2 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 $0.33. GAAP EPS of $0.23 for Q1 were 130% higher than the prior-year quarter's $0.10 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 67.6%, 500 basis points better than the prior-year quarter. Operating margin was 11.1%, 580 basis points better than the prior-year quarter. Net margin was 7.8%, 420 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $504.1 million. The average EPS estimate is $1.26.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 151 members out of 171 rating the stock outperform, and 20 members rating it underperform. Among 49 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 46 give Pegasystems a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Pegasystems is outperform, with an average price target of $33.00.

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