Market Overview

Earnings Outlook For Skyworks Solutions


Skyworks Solutions (NASDAQ: SWKS) releases its next round of earnings this Monday, November 02. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Analysts predict Skyworks Solutions will report earnings of $1.52 per share on revenue of $841.63 million. In the same quarter last year, Skyworks Solutions reported earnings per share of $1.52 on revenue of $827.40 million.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

If the company were to match the consensus estimate, earnings would be down 0%. Revenue would be up 1.72% from the same quarter last year. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2019
EPS Estimate 1.12 1.33 1.65 1.50
EPS Actual 1.25 1.34 1.68 1.52
Revenue Estimate 690.67 M 757.78 M 880.47 M 825.39 M
Revenue Actual 736.80 M 766.10 M 896.10 M 827.40 M

Stock Performance

Shares of Skyworks Solutions were trading at $145.16 as of October 29. Over the last 52-week period, shares are up 44.75%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Skyworks Solutions is scheduled to hold the call at 16:30:00 ET and can be accessed here.


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Posted-In: Earnings