Exelon Corporation EXC is scheduled to release third-quarter 2021 earnings on Nov 3, before the market opens. This utility delivered an earnings surprise of 27.1% in the last reported quarter.Let’s see how things have shaped up before the upcoming earnings announcement.Factors to NoteThe rollout of vaccines, increasing medical knowledge to deal with the virus, easing of restrictions, and demand from commercial and industrial customers are expected to have benefited earnings in the third quarter. Exelon’s third-quarter earnings are likely to have benefited from new electric and natural gas distribution rates that became effective during the quarter.Nuclear plants’ high capacity factor and an efficient cost-management program are also expected to support the results.ExpectationsThe Zacks Consensus Estimate for third-quarter revenues and earnings per share is pegged at $8.58 billion and $1.11, respectively. The bottom-line figure indicates an increase of 6.7% from the year-ago quarter.What Our Quantitative Model PredictsOur proven model does not conclusively predict an earnings beat for Exelon 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 not the case here as you will see below. You can see the complete list of today's Zacks #1 Rank stocks here.Exelon Corporation Price and EPS Surprise Exelon Corporation price-eps-surprise | Exelon Corporation QuoteEarnings ESP: The company’s Earnings ESP is 0.00%.You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Zacks Rank: Currently, Exelon carries a Zacks Rank #2.Stocks to ConsiderInvestors can consider the following players from the same industry that have the right combination of elements to post an earnings beat for the to-be-reported quarter.PG&E Corporation PCG is likely to come up with an earnings beat when it reports third-quarter 2021 results on Nov 1 before the market opens. It has an Earnings ESP of +1.92% and a Zacks Rank of 3, at present.The AES Corporation AES is likely to come up with an earnings beat when it reports third-quarter 2021 results on Nov 4 before the market opens. It has an Earnings ESP of +3.53% and a Zacks Rank of 3, at present.Pinnacle West Capital Corporation PNW is likely to come up with an earnings beat when it reports third-quarter 2021 results on Nov 5 before the market opens. It has an Earnings ESP of +0.30% and a Zacks Rank of 3, at present. Tech IPOs With Massive Profit Potential: Last years top IPOs surged as much as 299% within the first two months. With record amounts of cash flooding into IPOs and a record-setting stock market, this year could be even more lucrative. See Zacks’ Hottest Tech IPOs 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 Exelon Corporation (EXC): Free Stock Analysis Report Pacific Gas & Electric Co. (PCG): Free Stock Analysis Report Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report The AES Corporation (AES): Free Stock Analysis Report To read this article on Zacks.com click here.