Snap-on (NYSE: SNA ) is expected to report Q2 earnings on July 19. 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 Snap-on's revenues will expand 5.3% and EPS will increase 7.9%.

The average estimate for revenue is $765.0 million. On the bottom line, the average EPS estimate is $1.23.

Revenue details
Last quarter, Snap-on booked revenue of $735.2 million. GAAP reported sales were 7.5% higher than the prior-year quarter's $719.5 million.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $1.21. GAAP EPS of $1.21 for Q1 were 26% higher than the prior-year quarter's $0.96 per share.

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Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 48.1%, 10 basis points better than the prior-year quarter. Operating margin was 16.2%, 190 basis points better than the prior-year quarter. Net margin was 9.2%, 140 basis points better than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $3.04 billion. The average EPS estimate is $5.01.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 195 members out of 211 rating the stock outperform, and 16 members rating it underperform. Among 73 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 69 give Snap-on a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Snap-on is outperform, with an average price target of $69.13.

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