LMI Aerospace (Nasdaq: LMIA) is expected to report Q1 earnings on May 10. 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 LMI Aerospace's revenues will expand 61.6% and EPS will contract -19.5%.

The average estimate for revenue is $107.9 million. On the bottom line, the average EPS estimate is $0.33.

Revenue details Last quarter, LMI Aerospace logged revenue of $71.9 million. GAAP reported sales were 11% higher than the prior-year quarter's $65.0 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 $0.38. GAAP EPS of $0.08 for Q4 were 77% lower than the prior-year quarter's $0.35 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 22.6%, 30 basis points better than the prior-year quarter. Operating margin was 10.0%, 320 basis points better than the prior-year quarter. Net margin was 1.3%, 500 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $477.3 million. The average EPS estimate is $2.03.

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Will LMI Aerospace Beat These Analyst Estimates?