NextEra Energy, Inc. NEE is scheduled to release second-quarter 2021 results on Jul 23, before the market opens. This utility delivered an earnings surprise of 11.7% in the last reported quarter.Let’s discuss the factors that are likely to get reflected in the upcoming quarterly results.Factors to NoteNextEra Energy’s second-quarter performance will likely reflect the benefits from improvement in Florida’s economic conditions after the rollout of vaccines. Consistent customer addition in its subsidiaries like Gulf Power and Florida Power and Light is likely to have positively impacted demand in the second quarter.New renewable assets brought online during the first half of 2021 are likely to have had a positive impact on its second-quarter performance.ExpectationsThe Zacks Consensus Estimate for second-quarter earnings and revenues is pegged at 69 cents per share and $5.12 billion, respectively. The projected revenues and earnings indicate an improvement of 6.2% and 21.8%, respectively, from the year-ago reported figures.What Our Quantitative Model PredictsOur proven model predicts an earnings beat for NextEra Energy this time around. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to surpass estimates.NextEra Energy, Inc. Price and EPS Surprise NextEra Energy, Inc. price-eps-surprise | NextEra Energy, Inc. QuoteEarnings ESP: The company’s Earnings ESP is +0.73%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Zacks Rank: Currently, NextEra Energy carries a Zacks Rank #3 (Hold).You can see the complete list of today’s Zacks #1 Rank stocks here.Other Stocks to ConsiderInvestors can also consider the following players from the same industry that too have the right combination of elements to beat on earnings this reporting cycle.American Electric Power Company AEP is set to release second-quarter 2021 results on Jul 22. It has an Earnings ESP of +1.33% and a Zacks Rank #3.NorthWestern Corporation NWE is set to release second-quarter 2021 results on Jul 27. It has an Earnings ESP of +2.27% and a Zacks Rank of 3.CenterPoint Energy CNP is set to release second-quarter 2021 results on Aug 5. It has an Earnings ESP of +0.34% and a Zacks Rank #3. Breakout Biotech Stocks with Triple-Digit Profit Potential The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases. Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.See these 7 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 NextEra Energy, Inc. (NEE): Free Stock Analysis Report American Electric Power Company, Inc. (AEP): Free Stock Analysis Report CenterPoint Energy, Inc. (CNP): Free Stock Analysis Report NorthWestern Corporation (NWE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research