Dominion Energy Inc. D is scheduled to release second-quarter 2022 earnings on Aug 8, before market open. In the last four reported quarters, the utility recorded a positive surprise of 0.65%, on average.Let’s see how things have shaped up before the upcoming earnings announcement.Factors to NoteDominion Energy’s second-quarter earnings are likely to have benefited from regulated investment, and improving sales from commercial and industrial customer groups. Dynamic cost-control initiatives undertaken are likely to have boosted the second-quarter performance.The planned maintenance outage of Millstone Power Station is likely to have lowered earnings by six to seven cents in the second quarter.ExpectationDominion Energy expects earnings of 70-80 cents per share for the second quarter. The Zacks Consensus Estimate for the same is pegged at 77, indicating growth of 1.3% from the year-ago reported figure.Quantitative Model PredictsOur proven model predicts an earnings beat for Dominion Energy this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. That is the case here, as you will see below.Dominion Energy Inc. Price and EPS Surprise Dominion Energy Inc. price-eps-surprise | Dominion Energy Inc. QuoteEarnings ESP: The company’s Earnings ESP is +1.63%.You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Zacks Rank: Currently, it carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.Other Utility ReleasesHere we present details of a few other utilities that have already surpassed the Zacks Consensus Estimate in second-quarter 2022 and are expected to continue with a strong performance in the second half of 2022.NextEra Energy, Inc. NEE reported second-quarter 2022 adjusted earnings of 81 cents per share, which beat the Zacks Consensus Estimate of 75 cents by 8%.The Zacks Consensus Estimate for NextEra Energy’s 2022 earnings has gone up 2.1% in the past 60 days. NEE’s long-term (three to five years) earnings growth is pegged at 9.3%.WEC Energy Group WEC delivered second-quarter 2022 earnings per share of 91 cents, which beat the Zacks Consensus Estimate of 86 cents by 5.8%.The Zacks Consensus Estimate for WEC Energy’s 2022 earnings has gone up 0.3% in the past 60 days. WEC’s long-term earnings growth is pegged at 6.1%.American Electric Power Company, Inc. AEP reported second-quarter 2022 operating earnings per share of $1.20, which beat the Zacks Consensus Estimate of $1.18 by 1.7%.The Zacks Consensus Estimate for American Electric Power’s 2022 earnings has gone up 0.6% in the past 60 days. AEP’s long-term earnings growth is pegged at 6.2%.Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Free: Top Stocks for the $30 Trillion Metaverse Boom The metaverse is a quantum leap for the internet as we currently know it - and it will make some investors rich. Just like the internet, the metaverse is expected to transform how we live, work and play. Zacks has put together a new special report to help readers like you target big profits. The Metaverse - What is it? And How to Profit with These 5 Pioneering Stocks reveals specific stocks set to skyrocket as this emerging technology develops and expands.Download Zacks’ Metaverse Report now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NextEra Energy, Inc. (NEE): Free Stock Analysis Report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report WEC Energy Group, Inc. (WEC): Free Stock Analysis Report Dominion Energy Inc. (D): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research