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Akamai Technologies Inc. (AKAM - Analyst Report) is set to report third-quarter 2013 results on Oct 23. Last quarter, the company’s earnings per share were in line with the Zacks Consensus Estimate. Let’s see how things are shaping up for this announcement.

Growth Factors This Past Quarter

The strong growth in Akamai’s revenues in the second quarter was primarily driven by better performances from most of the solutions. Revenues from Media delivery solutions grew 13.5% year over year but declined a modest 1.0% quarter over quarter to $179.4 million. Performance & security solutions revenues jumped 19.4% year over year, while Service & support systems achieved the strongest revenue growth in the quarter, up 41.3% year over year.

We are positive on strong support from International and emerging markets. Moreover, strong demand for cloud infrastructure solutions, security, mobile products and online video will drive top-line growth going forward. However, the company’s significant European exposure is a possible headwind going forward.

Earnings Whispers?

Our proven model does not conclusively show that Akamai Technologies will beat earnings this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 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 38 cents. Hence, the difference is 0.00%.

Zacks Rank #2 (Buy): Akamai’s Zacks Rank #2 when combined with a 0.00% ESP makes surprise prediction difficult.

We caution against stocks with Zacks Ranks #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions momentum.

Other Stocks to Consider

Here are some other companies you may want to consider as our model shows that they have the right combination of elements to post an earnings beat this quarter:

Fiserv, Inc. (FISV - Analyst Report), with Earnings ESP of +1.99% and a Zacks Rank #1 (Strong Buy).

Plexus Corp. (PLXS - Analyst Report), with Earnings ESP of +1.49% and a Zacks Rank #1.

Apple Inc. (AAPL - Analyst Report), with Earnings ESP of +2.29% and a Zacks Rank #2.

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