Cirrus Logic Inc. CRUS is set to report fourth-quarter fiscal 2016 results on Apr 26. Last quarter, the company posted a negative earnings surprise of 2.78%. However, Cirrus has outperformed the Zacks Consensus Estimate thrice in the four preceding quarters, with an average positive surprise of 26.61%.Let us see how things are shaping up for this announcement.Factors to ConsiderCirrus Logic is a premier supplier of high-performance analog circuits and advanced mixed-signal chip solutions. The company posted disappointing results last quarter and provided a tepid guidance for the fourth quarter, citing weak demand as the primary reason.Notably, as per revenue segments, Portable audio product revenues had accounted for 89% of the total revenue last quarter. Also, Cirrus Logic generates a significant portion (approximately 70%) of its revenues from Apple Inc. AAPL. This means that there is always a risk of losing an Apple design contract, which will significantly hurt the company’s financials.Reportedly, Apple is cutting down on its production of iPhone 6s and 6s Plus. According to Japan-based Nikkei, the company is "expected to reduce output of the iPhone 6s and 6s Plus by around 30% in the January-March quarter compared with its original plans."Cirrus, which makes audio chips for Apple, will be significantly affected by this.Regardless of these near-term headwinds, the company expects year-over-year growth in both fiscal 2016 and fiscal 2017, buoyed by new product innovations.Continued investments in the audio segment are expected to have a positive impact in the long run. Additionally, synergies from acquisitions and expansion in the LED market will continue to drive growth.We think that some caution on Cirrus shares may be in order, since the ongoing global economic pressure might affect its business potential. Competition from the likes of Texas Instruments Inc. and STMicroelectronics NV could also make the going tough.Earnings WhispersOur proven model does not conclusively show that Cirrus Logic will beat earnings this quarter. This 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. That is not the case here, as you will see below.Zacks ESP: Both the Most Accurate estimate and the Zacks Consensus Estimate stand at 14 cents. Hence, the difference is 0.00%.Zacks Rank: Cirrus Logic’s Zacks Rank #3, when combined with a 0.00% ESP, makes surprise prediction difficult.Note that we caution against stocks with a Zacks Ranks #4 or 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing a negative estimate revisions momentum.Stocks to ConsiderHere are a couple of stocks that you may consider, as our model shows that they have the right combination of elements to post an earnings beat this quarter:Align Technology Inc. ALGN, with an Earnings ESP of +12.82% and a Zacks Rank #1.Benefitfocus Inc. BNFT, with an Earnings ESP of +4.00% and a Zacks Rank #1.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 >>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 APPLE INC (AAPL): Free Stock Analysis Report CIRRUS LOGIC (CRUS): Free Stock Analysis Report ALIGN TECH INC (ALGN): Free Stock Analysis Report BENEFITFOCUS (BNFT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research