Eaton Corporation ETN is scheduled to release second-quarter 2022 earnings on Aug 2, before the opening bell. The power management company delivered an earnings surprise of 3.5% in the trailing four quarters, on average.Factors to NoteEaton’s second-quarter earnings are likely to have benefited from lower shares outstanding than the year-ago level. The ongoing improvement in end-market conditions and organic sales growth are expected to have boosted earnings in the second quarter.Acquisitions and divestitures, and negative currency translation are likely to have weighed on Eaton’s second-quarter earnings.ExpectationsEaton expects second-quarter earnings of $1.78-$1.88 per share. ETN anticipates organic revenue growth of 9-11%. The segmental operating margin is expected to be 19.1-19.5% for the quarter.The Zacks Consensus Estimate for second-quarter earnings is pegged at $1.82 per share, indicating an improvement of 5.81% from the prior-year reported figure.What Our Quantitative Model PredictsOur proven model conclusively predicts an earnings beat for Eaton 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, which is the case here, as you will see below.Eaton Corporation, PLC Price and EPS Surprise Eaton Corporation, PLC price-eps-surprise | Eaton Corporation, PLC QuoteEarnings ESP: Eaton has an Earnings ESP of +0.04%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Zacks Rank: Currently, Eaton carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.Other Stocks to ConsiderInvestors can consider the following players from the same sector that also have the right combination of elements to beat on earnings in their upcoming releases.Terex Corporation TEX is likely to come up with an earnings beat when it reports second-quarter 2022 results on Aug 3, before market open. It has an Earnings ESP of +3.87% and a Zacks Rank of 3 at present.Terex’s long-term (three to five years) earnings growth is projected at 16.9%. The Zacks Consensus Estimate for TEX’s 2022 earnings per share indicates year-over-year growth of 22.15%.MRC Global Inc. MRC is likely to come up with an earnings beat when it reports second-quarter 2022 results on Aug 8, after market close. It has an Earnings ESP of +10.34% and sports a Zacks Rank of 1 at present.The Zacks Consensus Estimate for MRC’s 2022 earnings per share indicates year-over-year growth of 259.3%.Helios Technologies Inc. HLIO is likely to come up with an earnings beat when it reports second-quarter 2022 on Aug 8, after market close. It has an Earnings ESP of +0.57% and a Zacks Rank of 3 at present.The Zacks Consensus Estimate for Helios Technologies’ 2022 earnings per share indicates year-over-year growth of 7.06%.Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.8% per year. So be sure to give these hand-picked 7 your immediate attention. See them 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 Eaton Corporation, PLC (ETN): Free Stock Analysis Report Terex Corporation (TEX): Free Stock Analysis Report MRC Global Inc. (MRC): Free Stock Analysis Report Helios Technologies, Inc (HLIO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research