Skyworks Solutions (Nasdaq: SWKS) is expected to report Q3 earnings on July 18. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Skyworks Solutions' revenues will improve 7.6% and EPS will compress -10.2%.

The average estimate for revenue is $383.0 million. On the bottom line, the average EPS estimate is $0.44.

Revenue details
Last quarter, Skyworks Solutions notched revenue of $364.7 million. GAAP reported sales were 12% higher than the prior-year quarter's $325.4 million.

My

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.42. GAAP EPS of $0.18 for Q2 were 31% lower than the prior-year quarter's $0.26 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 41.8%, 150 basis points worse than the prior-year quarter. Operating margin was 14.2%, 680 basis points worse than the prior-year quarter. Net margin was 9.3%, 610 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.56 billion. The average EPS estimate is $1.88.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 644 members out of 676 rating the stock outperform, and 33 members rating it underperform. Among 128 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 118 give Skyworks Solutions a green thumbs-up, and 10 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Skyworks Solutions is outperform, with an average price target of $30.22.

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