Perdoceo Education Corporation PRDO is scheduled to report second-quarter 2020 results on Aug 6, after the closing bell.In the last reported quarter, the company’s earnings and revenues beat the Zacks Consensus Estimate by 13.5% and 5.2%, respectively. On a year-over-year basis, its earnings and revenues grew 16.7% and 8.3% from the prior year, respectively.Perdoceo’s earnings topped the consensus mark in all the last four quarters, with the average surprise being 24.5%.Trend in Estimate RevisionThe Zacks Consensus Estimate for earnings for the quarter to be reported has been unchanged over the past 30 days to 37 cents per share. The said figure indicates a 5.1% decrease from the year-ago earnings of 39 cents per share. However, the consensus mark for revenues is $175.2 million, suggesting 12% year-over-year growth.Career Education Corporation Price and EPS Surprise Career Education Corporation price-eps-surprise | Career Education Corporation QuoteFactors to NoteStudent enrollment growth at both the universities — CTU and AIU — is expected to have aided Perdoceo to generate higher second-quarter revenues. Particularly, CTU has been experiencing solid new enrollment growth, reflecting sustained levels of prospective student interest, which was well served by its student support infrastructure. CTU maintained the corporate partnership program during the quarter. It has been coordinating with the existing partners to best serve their students during COVID-19-led uncertain times.Also, the acquisition of Trident University International in March is expected to have further contributed to AIU’s top line. The academic calendar at AIU, specifically the number of enrollment days in any given quarter, had a significant impact on new student enrollments in the quarter. As a result of this timing impact, the company expects new enrollments at AIU to register significant growth in the second quarter, primarily as a result of 50% more enrollment days and the Trident acquisition.Furthermore, the company has been transitioning students and employees to a remote environment. It continued to strategically invest to further enhance and improve the company’s technological capabilities that enabled its staff to better serve and support students amid this pandemic situation.However, incremental investments in marketing and student-serving functions, along with costs associated with the company’s compliance monitoring efforts are expected to have weighed on the bottom line.Overall, it expects adjusted operating income in the range of $38-$40 million, indicating an increase from $32.8 million reported a year ago. The company also expects adjusted earnings per share in the range of 36-38 cents, suggesting an increase from 34 cents in the prior year.What the Zacks Model UnveilsOur proven model does not conclusively predict an earnings beat for Perdoceo 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. But that’s not the case here.Earnings ESP: The company 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: It currently carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.Stocks Worth a LookHere are some companies in the Zacks Consumer Discretionary sector, which according to our model have the right combination of elements to post an earnings beat in their respective quarters to be reported.Callaway Golf Company ELY has an Earnings ESP of +222.5% and a Zacks Rank #3, at present.Acushnet Holdings Corp. GOLF has an Earnings ESP of +180.01% and a Zacks Rank of 3.Vista Outdoor Inc. VSTO has an Earnings ESP of +1,300.12% and a Zacks Rank #2.Biggest Tech Breakthrough in a GenerationBe among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.See 8 breakthrough stocks 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 Acushnet Holdings Corp. (GOLF): Free Stock Analysis Report Vista Outdoor Inc. (VSTO): Free Stock Analysis Report Callaway Golf Company (ELY): Free Stock Analysis Report Career Education Corporation (PRDO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research