Fastly FSLY is set to release second-quarter 2021 results on Aug 4.For the quarter, the company expects revenues between $84 million and $87 million. Adjusted loss is projected between 19 cents and 16 cents per share.The Zacks Consensus Estimate for earnings is currently pegged at a loss of 17 cents per share, which has been unchanged over the past 30 days. The company had reported earnings of 2 cents per share in the year-ago quarter.The consensus mark for the top line is currently pegged at $86 million, implying 15.2% growth from the figure reported in the year-ago quarter.Fastly’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarters, missing the same in the remaining couple of quarters, delivering an earnings surprise of 0.2%, on average. Fastly, Inc. Price and EPS Surprise Fastly, Inc. price-eps-surprise | Fastly, Inc. Quote Fastly’s second-quarter 2021 results are expected to benefit from higher bandwidth usage. Moreover, an expanding clientele is expected to have driven top-line growth in the to-be-reported quarter.Customer count was 2,207 at the end of first-quarter 2021, up from 2,084 at the end of the fourth-quarter 2020. Moreover, total-enterprise customer count increased from 324 in the fourth quarter to 336 in the first quarter.Solid contribution from Signal Sciences is expected to have driven Fastly’s top-line growth in the to-be-reported quarter. Fastly’s top line is expected to have benefited from significant cross-selling and joint selling opportunities that arose from the integration of Signal Sciences.Fastly’s expanding footprint across e-commerce, digital publishing, financial services, cryptocurrency and healthcare markets is expected to have aided the company to-be-reported quarter’s performance.What Our Model IndicatesPer the Zacks model, 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. But that’s not the case here.Fastly has an Earnings ESP of +6.80% but a Zacks Rank #5 (Strong Sell). You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Stocks to ConsiderHere are a few companies worth considering as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases:Avnet AVT has an Earnings ESP of +9.82% and a Zacks Rank #1.You can see the complete list of today’s Zacks #1 Rank stocks here.CyberArk Software CYBR has an Earnings ESP of +37.93% and a Zacks Rank #2.Waters Corporation WAT has an Earnings ESP of +2.71% and a Zacks Rank #3. 5 Stocks Set to Double Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >>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 Avnet, Inc. (AVT): Free Stock Analysis Report Waters Corporation (WAT): Free Stock Analysis Report CyberArk Software Ltd. (CYBR): Free Stock Analysis Report Fastly, Inc. (FSLY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research