The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Skyworks Solutions's revenues will grow 11.9% and EPS will expand 17.8%.
The average estimate for revenue is $435.5 million. On the bottom line, the average EPS estimate is $0.53.
Last quarter, Skyworks Solutions booked revenue of $425.2 million. GAAP reported sales were 17% higher than the prior-year quarter's $364.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.48. GAAP EPS of $0.32 for Q2 were 78% higher than the prior-year quarter's $0.18 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 41.6%, 20 basis points worse than the prior-year quarter. Operating margin was 17.3%, 310 basis points better than the prior-year quarter. Net margin was 14.5%, 520 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.79 billion. The average EPS estimate is $2.17.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 715 members out of 751 rating the stock outperform, and 36 members rating it underperform. Among 165 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 157 give Skyworks Solutions a green thumbs-up, and eight 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 $29.15.
Is Skyworks Solutions the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
- Add Skyworks Solutions to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.