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'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.

Revenue details
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.

EPS details
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.

Recent performance
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.

Looking ahead

The full year's average estimate for revenue is $1.79 billion. The average EPS estimate is $2.17.

Investor sentiment
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.

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