Alpha and Omega Semiconductor Limited AOSL is scheduled to report second-quarter fiscal 2022 results on Feb 7, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 11.6%. It pulled off a trailing four-quarter earnings surprise of 25.2%, on average.The Sunnyvale, CA-based company is expected to have recorded year-over-year higher revenues, driven by the surging demand for its power semiconductors.Factors at PlayTo deal with supply-chain constraints in the broader semiconductor industry, the company has expanded production capacity in its Oregon fab, ramped production in the JV fab in Chongqing and leveraged relationships with its foundry partners to secure wafer supply.During the quarter, Alpha and Omega Semiconductor introduced a new family of Coil Drivers. The product, AOZ32033AQI, offers 30V, 11mOhm in a QFN3x3 package. It is a half-bridge gate driver capable of driving high-side and low-side N-channel MOSFETs. The device is suited to Wireless Charging Transmitter circuits used in cordless power tools, vacuum cleaners, drones and other consumers’ electronic equipment.The company also released the 80V Power MOSFET using patented Shield Gate Technology which is optimized for higher switching frequencies used in telecom and server power supply for greater efficiency.The company invests in core competencies of silicon, packaging and ICs as the foundation of its product technology. This allows it to expand product offerings and deliver complete power solutions for more target applications. Technical expertise enables it to develop various power discrete and power IC technology platforms.It released the 600V Low Ohmic and Fast Body Diode αMOS5 Super Junction MOSFETs Family. αMOS5 is its latest generation of high voltage MOSFET, designed to meet the high efficiency and high-density needs for Quick Charger, Adapter, PC Power, Server, Industrial Power, Telecom and Hyperscale Datacenter applications. These developments are likely to have positively impacted the company’s performance in the quarter.For the December quarter, the Zacks Consensus Estimate for revenues is pegged at $188 million, which indicates growth of 18.2% from the year-ago quarter’s reported figure. The consensus estimate for adjusted earnings per share is pegged at $1.05, suggesting an increase of 61.5%.What Our Model SaysOur proven model doesn’t conclusively predict an earnings beat for Alpha and Omega Semiconductor. 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. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Earnings ESP: Alpha and Omega Semiconductor’s Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is 0.00% as both are pegged at $1.05.Alpha and Omega Semiconductor Limited Price and EPS Surprise Alpha and Omega Semiconductor Limited price-eps-surprise | Alpha and Omega Semiconductor Limited QuoteZacks Rank: Alpha and Omega Semiconductor currently carries a Zacks Rank #3.Stocks to ConsiderHere are some companies that you may want to consider as our model shows that these have the right combination of elements to post an earnings beat this quarter:Hasbro, Inc. HAS is slated to release fourth-quarter 2021 results on Feb 7. Hasbro has an Earnings ESP of +2.50% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.Brixmor Property Group Inc. BRX is scheduled to release fourth-quarter 2021 results on Feb 7. Brixmor Property has an Earnings ESP of +0.82% and a Zacks Rank #2.CNA Financial Corporation CNA has an Earnings ESP of +2.65% and a Zacks Rank #3. CNA Financial is set to report fourth-quarter 2021 results on Feb 7.Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Just Released: Zacks' 7 Best Stocks for Today Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +25.3% per year. These 7 were selected because of their superior potential for immediate breakout. See these time-sensitive tickers 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 Hasbro, Inc. (HAS): Free Stock Analysis Report CNA Financial Corporation (CNA): Free Stock Analysis Report Alpha and Omega Semiconductor Limited (AOSL): Free Stock Analysis Report Brixmor Property Group Inc. (BRX): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research