Horsehead Holding (Nasdaq: ZINC) is expected to report Q2 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 Horsehead Holding's revenues will wane -4.1% and EPS will turn positive

The average estimate for revenue is $112.7 million. On the bottom line, the average EPS estimate is $0.03.

Revenue details
Last quarter, Horsehead Holding recorded revenue of $118.3 million. GAAP reported sales were 6.2% higher than the prior-year quarter's $111.4 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 $0.06. GAAP EPS were $0.06 for Q1 compared to -$0.19 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 15.4%, much better than the prior-year quarter. Operating margin was 4.5%, much better than the prior-year quarter. Net margin was 2.4%, 1,000 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $457.4 million. The average EPS estimate is $0.04.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 715 members out of 735 rating the stock outperform, and 20 members rating it underperform. Among 218 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 216 give Horsehead Holding a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Horsehead Holding is outperform, with an average price target of $13.83.

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