AB Volvo VLVLY is set to release second-quarter 2019 results on Jul 18, before the opening bell. The company surpassed earnings estimates in three of the trailing four quarters, at an average of 21.8%.In the past six months, shares of AB Volvo have outperformed the industry it belongs to. The stock has gained 12.5% in the period compared with the industry’s 5.1% growth.Let’s see, how things have shaped up for the upcoming quarterly announcement.Factors to Influence Q2AB Volvo, in its first-quarter earnings release, noted that strong service business and high volume flexibility are key factors for the company to be resilient to business environmental changes. The company’s move to enhance customers’ up-time along with strong global demand for transports are likely to continue to make a positive impact on service revenues in the to-be-reported quarter. A stable supply chain along with greater deliveries has made the company’s industrial system more efficient.In the Volvo Penta segment, the company is committed to grow into new customer segments with a novel and competitive product portfolio. The company is also focusing on building core business, improving quality and increasing efficiency throughout its supply chain.The global construction equipment market has been consistently strong, especially in China. The company witnessed year-over-year global increase of 5% in machine deliveries in the last reported quarter. Higher sales volume and improvement in operational performance have contributed to its profitability.AB Volvo Price and EPS Surprise AB Volvo price-eps-surprise | AB Volvo QuoteWhat the Zacks Model SaysPer our proven model, AB Volvo is likely to beat earnings estimates in the quarter to be reported. This is because a stock needs to have the right combination of the two key ingredients — a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) — for this to happen. This is the case here as you will see below:Earnings ESP: The company has an Earnings ESP of +4.00%. The Most Accurate Estimate and the Zacks Consensus Estimate are pegged at 52 and 50 cents, respectively. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Zacks Rank: The company currently carries a Zacks Rank #3, which when combined with a positive ESP makes us reasonably confident of a beat.Note that we caution against stocks with a Zacks Rank #4 or 5 (Sell-rated) going into the earnings announcement, especially when the company is witnessing negative estimate revisions.Stocks to ConsiderHere are other auto stocks worth considering, which have the right combination of elements to deliver an earnings beat this time around:Group 1 Automotive, Inc. GPI has an Earnings ESP of +0.73% and carries a Zacks Rank #3. It is slated to release second-quarter 2019 results on Jul 25. You can see the complete list of today’s Zacks #1 Rank stocks here.Cummins Inc. CMI has an Earnings ESP of +3.67% and currently carries a Zacks Rank of 3. It is slated to release second-quarter 2019 results on Jul 30.Penske Automotive Group, Inc. PAG has an Earnings ESP of +0.42% and currently carries a Zacks Rank of 3. It is slated to release second-quarter 2019 results on Jul 30.Today's Best Stocks from ZacksWould you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.This outperformance has not just been a recent phenomenon. From 2000 – 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.See their latest picks free >>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 Penske Automotive Group, Inc. (PAG): Free Stock Analysis Report Group 1 Automotive, Inc. (GPI): Free Stock Analysis Report AB Volvo (VLVLY): Free Stock Analysis Report Cummins Inc. (CMI): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research