NuScale Power Corporation (NYSE: SMR) is scheduled to report its second-quarter 2026 financial results on August 5, after the closing bell. The Zacks Consensus Estimate for Q2 revenues stands at $1 million, representing a steep decline of 87.6% from the same quarter a year earlier. The consensus earnings estimate of -$0.13 per share has held steady over the past seven days, matching the loss recorded in the year-ago quarter. The Zacks model does not indicate a likely earnings beat for Q2, as SMR carries an Earnings ESP of 0.00% and a Zacks Rank of 4, which is classified as a Sell. With no signal of an earnings beat, persistent revenue dependency on large project milestones, and a stretched valuation, the case for holding NuScale shares into the Q2 earnings release appears difficult to justify on current fundamentals.