LG Display LPL is expected to report second-quarter 2021 results on Jul 22.Over the trailing four quarters, the company’s earnings beat the Zacks Consensus Estimate twice for as many misses, the average surprise being 47.8%.In the last reported quarter, the company’s adjusted earnings climbed 31.8% year over year to 29 cents per share but missed the Zacks Consensus Estimate of 40 cents. Net sales surged 63.6% to $6.18 billion but fell short of the consensus mark of $6.21 billion.LG Display Co., Ltd. Price and Consensus LG Display Co., Ltd. price-consensus-chart | LG Display Co., Ltd. QuoteFor the second quarter, the Zacks Consensus Estimate for revenues is pegged at $6.39 billion, suggesting a 46.8% jump from the year-ago quarter. The consensus mark for earnings is pinned at 44 cents, calling for a significant improvement from the loss of 58 cents reported in the year-ago quarter.Let’s see how things have shaped up prior to this announcement.Key factorsLG Display’s second-quarter performance is likely to have benefited from healthy demand for its display panels from PC vendors. PC vendors are witnessing heightened demand for notebooks and desktops amid the COVID-19 pandemic-induced remote working and online learning trends.According to IDC’s Worldwide Quarterly Personal Computing Device Tracker, shipment of PCs that include laptops and tablets, desktops and notebooks, reached 83.6 million units in second-quarter 2021, up 13.2% on a year-over-year basis.Travel restrictions and social-distancing measures amid the pandemic are driving demand for televisions as people need entertainment devices at their homes. This trend is anticipated to have boosted demand for LG Display’s TFT-LCD and OLED technology-based display panels during the to-be-reported quarter.Strong sales for smartphones are also likely to have spurred demand for the company’s display panels during the quarter under review.What Our Model SaysOur proven model does not predict an earnings beat for LG Display this season. The combination of a positive Earnings ESP, and Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold), increases the chances of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell, before they’re reported, with our Earnings ESP Filter.LG Display currently carries a Zacks Rank of 4 and has an Earnings ESP of 0.00%.Stocks With Favorable CombinationsHere are some companies, which, per our model, have the right combination of elements to post an earnings beat this quarter:Avnet, Inc. AVT has an Earnings ESP of +0.66% and currently carries a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here.Apple Inc. AAPL has an Earnings ESP of +3.40% and carries a Zacks Rank #2, at present.Texas Instruments Incorporated TXN has an Earnings ESP of +1.60% and holds a Zacks Rank of 2 currently. 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 Texas Instruments Incorporated (TXN): Free Stock Analysis Report Apple Inc. (AAPL): Free Stock Analysis Report Avnet, Inc. (AVT): Free Stock Analysis Report LG Display Co., Ltd. (LPL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research