Can World Wrestling Entertainment Beat These Numbers?

World Wrestling Entertainment (NYSE: WWE ) is expected to report Q2 earnings on Aug. 2. 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 World Wrestling Entertainment's revenues will improve 0.5% and EPS will decrease -28.6%.

The average estimate for revenue is $143.3 million. On the bottom line, the average EPS estimate is $0.15.

Revenue details
Last quarter, World Wrestling Entertainment booked revenue of $123.1 million. GAAP reported sales were 2.6% higher than the prior-year quarter's $119.9 million.

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, non-GAAP EPS came in at $0.18. GAAP EPS of $0.20 for Q1 were 82% higher than the prior-year quarter's $0.11 per share.

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 45.0%, 380 basis points better than the prior-year quarter. Operating margin was 13.6%, 30 basis points better than the prior-year quarter. Net margin was 12.5%, 530 basis points better than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $490.6 million. The average EPS estimate is $0.37.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 438 members out of 545 rating the stock outperform, and 107 members rating it underperform. Among 110 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 78 give World Wrestling Entertainment a green thumbs-up, and 32 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on World Wrestling Entertainment is hold, with an average price target of $12.00.

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