Skyworks Solutions Inc reports results for the quarter ended June 30 - Earnings Summary
Skyworks Solutions Inc reports results for the quarter ended June 30 - Earnings Summary
Skyworks Solutions Inc SWKS.OQ reported quarterly adjusted earnings of $1.08 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.33. The mean expectation of twenty analysts for the quarter was for earnings of $1.02 per share. Wall Street expected results to range from 80 cents to $1.10 per share.
Revenue fell 3.1% to $934.80 million from a year ago; analysts expected $920.28 million.
Skyworks Solutions Inc's reported EPS for the quarter was 22 cents.
The company reported quarterly net income of $33.9 million.
Skyworks Solutions Inc shares had fallen by 6.4% this quarter and held steady so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 9.2% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 19 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is "buy."
Wall Street's median 12-month price target for Skyworks Solutions Inc is $75.00, about 13.8% above its last closing price of $64.68
This summary was machine generated from LSEG data July 28 at 11:21 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.02 | 1.08 | Beat |
Mar. 31 2026 | 1.03 | 1.15 | Beat |
Dec. 31 2025 | 1.40 | 1.54 | Beat |
Sep. 30 2025 | 1.40 | 1.76 | Beat |
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Skyworks Solutions Inc reports results for the quarter ended June 30 - Earnings Summary