Stone Energy (NYSE: SGY) 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 Stone Energy's revenues will compress -0.7% and EPS will expand 12.9%.

The average estimate for revenue is $224.9 million. On the bottom line, the average EPS estimate is $0.70.

Revenue details
 Last quarter, Stone Energy recorded revenue of $233.7 million. GAAP reported sales were 4.6% lower than the prior-year quarter's $244.1 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 $0.82. GAAP EPS of $0.82 for Q1 were 21% lower than the prior-year quarter's $1.04 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 74.0%, 490 basis points worse than the prior-year quarter. Operating margin was 30.6%, 420 basis points worse than the prior-year quarter. Net margin was 17.5%, 340 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $919.3 million. The average EPS estimate is $2.91.

Investor sentiment
 The stock has a four-star rating (out of five) at Motley Fool CAPS, with 421 members out of 444 rating the stock outperform, and 23 members rating it underperform. Among 97 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 91 give Stone Energy 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 Stone Energy is outperform, with an average price target of $32.11.

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