PotlatchDeltic Corporation PCH is scheduled to report second-quarter 2021 results on Jul 26, after the closing bell.In the last reported quarter, the company’s earnings and revenues beat the Zacks Consensus Estimate by 13.5% and 5.5%, respectively. On a year-over-year basis, earnings and revenues grew 781.8% and 69.6%, respectively.PotlatchDeltic’s earnings topped the consensus mark in three of the last four quarters and missed on another occasion, with the average surprise being 128.1%.Trend in Estimate RevisionFor the quarter to be reported, the Zacks Consensus Estimate for earnings per share has decreased 0.7% to $2.66 over the past 30 days. Nonetheless, the estimated figure indicates 6,550% growth from the year-ago level. The consensus mark for revenues is pegged at $430.5 million, suggesting a 137.1% increase from the year-ago reported figure of $181.6 million.Potlatch Corporation Price and EPS Surprise Potlatch Corporation price-eps-surprise | Potlatch Corporation QuoteKey Factors to NotePotlatchDeltic’s earnings and revenues are expected to have increased in the second quarter. As the company’s performance is highly associated with the housing market, solid momentum in the markets served is expected to benefit the quarterly results. Solid demand for new housing across the United States might have helped it propel the entire mix of businesses that includes Timberlands, Wood Products and Real Estate. Housing markets have been strong, given Fed’s dovish stance, low borrowing costs and lack of available supply.Also, robust repair & remodel activities have been benefiting the company. With the opening of the economy and increasing trend of consumers to invest more in homes amid the pandemic, demand for housing and building material products has been improving. Apart from remarkable recovery in single-family housing construction, repair/remodel activity has also been robust, supported by do-it-yourself and professional activity.In addition to solid sales volume and higher average lumber price realizations, the company’s focus on accretive acquisitions is likely to have contributed to the top line.The Zacks Consensus Estimate for the Timberland segment’s revenues is pegged at $108 million, implying a 61.2% improvement from second-quarter 2020.The Zacks Consensus Estimate for the Wood Products segment’s revenues is pegged at $341 million, implying a 170.6% improvement from the year-ago period.The Zacks Consensus Estimate for the Real Estate segment’s revenues is pegged at $11 million, implying a decline from $13 million a year ago.Meanwhile, it expects corporate expense to be higher than the typical level for the second quarter, primarily due to bonus accruals related to strong results.Overall, PotlatchDeltic anticipates second-quarter total adjusted EBITDA to be higher than the first quarter, which would establish a fourth consecutive new quarterly record for the company.What the Zacks Model UnveilsOur proven model does not conclusively predict an earnings beat for PotlatchDeltic this time around. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. Unfortunately, that is not the case here, as you will see below.Earnings ESP: The company has an Earnings ESP of -8.91%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Zacks Rank: Currently, PotlatchDeltic carries a Zacks Rank #1.You can see the complete list of today’s Zacks #1 Rank stocks here.Stocks With Favorable CombinationHere are some companies in the Zacks Construction sector, which according to our model have the right combination of elements to post an earnings beat in their respective quarters to be reported.Watsco, Inc. WSO has an Earnings ESP of +3.46% and a Zacks Rank #2.ChampionX Corporation CHX has an Earnings ESP of +10.00% and holds a Zacks Rank #3.United Rentals, Inc. URI has an Earnings ESP of +6.18% and a Zacks Rank #2. Zacks' Top Picks to Cash in on Artificial Intelligence In 2021, this world-changing technology is projected to generate $327.5 billion in revenue. Now Shark Tank star and billionaire investor Mark Cuban says AI will create "the world's first trillionaires." Zacks' urgent special report reveals 3 AI picks investors need to know about today.See 3 Artificial Intelligence Stocks With Extreme Upside Potential>>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 Watsco, Inc. (WSO): Free Stock Analysis Report Potlatch Corporation (PCH): Free Stock Analysis Report United Rentals, Inc. (URI): Free Stock Analysis Report ChampionX Corporation (CHX): Free Stock Analysis Report To read this article on Zacks.com click here.