Kulicke and Soffa KLIC is set to release third-quarter fiscal 2021 results on Aug 5.The company expects revenues of roughly $400 million (+/- $20 million) for the to-be-reported quarter. Adjusted earnings are expected to be roughly $1.35 per share (+/- 10%).The Zacks Consensus Estimate for earnings is currently pegged at $1.36 per share, unchanged over the past 30 days. The company had reported earnings of 21 cents per share in the year-ago quarter.The consensus mark for the top line is currently pegged at $400 million, implying 166% growth from the figure reported in the year-ago quarter.Kulicke and Soffa’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, missing the same in the remaining one, delivering an earnings surprise of 12.93%, on average.The company’s third-quarter 2021 results are expected to have benefited from strong demand for its solutions in the semiconductor, automotive and LED end-markets.Solid adoption of semiconductor offerings supporting high-density assembly and advanced LED solutions supporting emerging mini-LED capable displays are key catalysts.Recovery in memory end-market, along with strong demand for Kulicke and Soffa’s advanced packaging solutions, is expected to have benefited top-line growth in the to-be-reported quarter.However, increased expenses due to ongoing global supply chain challenges are expected to have hurt gross margin in third quarter.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.Kulicke and Soffa has an Earnings ESP of 0.00% and a Zacks Rank #3. 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 other 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 Kulicke and Soffa Industries, Inc. (KLIC): Free Stock Analysis Report CyberArk Software Ltd. (CYBR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research