PPL Corporation PPL is set to release third-quarter 2022 results on Nov 4, before market open. It witnessed an earnings surprise of 3.45% in the last reported quarter.Let’s see how things have shaped up before the upcoming earnings announcement.Factors to ConsiderThe ongoing economic development in PPL Corporation’s service territories, the increase in electric sales volume in Pennsylvania and Kentucky and the addition of Rhode Island Energy are likely to have boosted third-quarter earnings.Cost savings initiatives implemented by the company are expected to have benefited third-quarter results. A reduction in the long-term debt balance and the resultant decline in interest expenses are expected to have boosted margins in the quarter.ExpectationsThe Zacks Consensus Estimate for third-quarter earnings is pegged at 41 cents per share, indicating a rise of 13.9% from the year-ago quarter’s reported figure.The Zacks Consensus Estimate for third-quarter revenues is pegged at $1.7 billion, indicating a rise of 9.9% from the year-ago quarter’s reported figure.What the Quantitative Model PredictsOur proven model does not conclusively predict an earnings beat for PPL Corporation this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. However, that is not the case here, as you will see below.PPL Corporation Price and EPS Surprise PPL Corporation price-eps-surprise | PPL Corporation QuoteEarnings ESP: PPL has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Zacks Rank: Currently, PPL Corporation carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.Stocks to ConsiderInvestors can consider the following players from the same industry that have the right combination of elements to beat earnings in this reporting cycle.Ameren Corporation AEE is likely to come up with an earnings beat when it reports third-quarter results on Nov 4. AEE has an Earnings ESP of +1.4% and a Zacks Rank #3 at present.Ameren’s long-term (three to five-year) earnings growth is currently pegged at 7.2%. The Zacks Consensus Estimate for AEE’s 2022 and 2023 EPS indicates 6.2% and 7% year-over-year growth, respectively.The AES Corporation AES is likely to come up with an earnings beat when it reports third-quarter results on Nov 4. AES has an Earnings ESP of +3.42% and a Zacks Rank #3 at present.AES Corp.’s long-term earnings growth is currently pegged at 8.2%. The Zacks Consensus Estimate for AES’ 2022 and 2023 EPS indicates 5.9% and 10% year-over-year growth, respectively.Brookfield Renewable Partners BEP is likely to come up with an earnings beat when it reports third-quarter results on Nov 4. BEP has an Earnings ESP of +28.57% and a Zacks Rank #2 at present.The Zacks Consensus Estimate for BEP’s 2022 and 2023 earnings per unit indicates 62.3% and 132.9% year-over-year growth, respectively.Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock And 4 Runners UpWant 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 PPL Corporation (PPL): Free Stock Analysis Report Ameren Corporation (AEE): Free Stock Analysis Report The AES Corporation (AES): Free Stock Analysis Report Brookfield Renewable Partners L.P. (BEP): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research