Skyworks Solutions Expected to Earn $1.43 a Share
Skyworks Solutions, Inc. (SWKS) is expected to report quarterly earnings of $1.43 a share on sales of $810 million after the market closes on Thursday, based on a FactSet survey of 26 analysts.
In the same period a year ago, the company posted earnings of $1.64 a share on sales of $913.4 million.
The stock has risen 16.1% since the company last reported earnings on Feb. 5.
Quarterly estimates have fallen less than 1 cent a share in the past month.
Skyworks Solutions is currently trading at a price-to-forward-earnings ratio of 12.6 based on the 12-month estimates of 28 analysts surveyed by FactSet.