Skyworks Solutions Inc expected to post earnings of $1.57 a share - Earnings Preview

Skyworks Solutions

03/02/2025 21:48

* Skyworks Solutions Inc  SWKS.OQ   SWKS.O  is expected
to show a
fall in quarterly revenue when it reports  results on February 5
for the period ending December 31 2024
    * The Irvine California-based  company is expected to report
a
11.3% decrease in revenue to $1.066 billion from $1.2 billion a
year ago, according to the mean estimate from 21 analysts, based
on LSEG data.The company's guidance on November 12 2024, for the
period ended December 31, was for revenue between $1.05 billion
and $1.08 billion.
    * ​LSEG's mean analyst estimate for Skyworks Solutions Inc
is for
earnings of $1.57 per share. The company's EPS guidance on
November 12 2024, for the period ended December 31, was about
USD1.57
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 19
"hold" and 3 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Skyworks
Solutions Inc is $95.68​, above​ its last closing price
of $88.76. ​​​

The company's guidance on November 12 2024 for the period ended
December 31 was for gross profit margin between USD46% and
USD47%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  1.52        1.52       1.55      Beat    1.7
 Jun. 30 2024  1.21        1.21       1.21      Met     -0.2
 Mar. 31 2024  1.53        1.52       1.55      Beat    1.7​
 Dec. 31 2023  1.96        1.95       1.97      Beat    0.8
 ​​Sep.        2.10        2.10       2.20      Beat    4.7
 30 2023                                                
 Jun. 30 2023  1.69        1.70       1.73      Beat    1.9​
 Mar. 31 2023  2.02        2.02       2.02      Met     -0.2
 Dec. 31 2022  2.62        2.61       2.59      Missed  -0.9
 This summary was machine generated February 3 at 21:48 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)