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Barchart
Kritika Sarmah

Earnings Preview: What to Expect From Skyworks Solutions' Report

Skyworks Solutions SWKS

With a market cap of $9.1 billion, Skyworks Solutions, Inc. (SWKS) designs, develops, manufactures, and markets proprietary semiconductor products in the United States and internationally. Founded in 1962, the Irvine, California-based company is expected to announce its Q2 earnings on Tuesday, Apr. 29.

Ahead of the event, analysts expect SWKS’ EPS to decline 31.3% to $0.92 per share from $1.34 in the year-ago quarter. The company has surpassed the consensus estimates in three of the past four quarters, while missing on another occasion. In the recent quarter, it reported an EPS of $1.31 and failed to surpass the consensus estimate by 1.5%.

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