Skyworks Solutions Earnings Preview: Can This Streak Continue?

Skyworks Solutions (NASDAQ:SWKS) will report earnings after markets close on Thursday, April 25th. Skyworks Solutions, Inc., a wireless semiconductor company, designs and manufactures radio frequency and complete semiconductor system solutions for mobile communications applications. The Company provides front-end modules, radio frequency subsystems, and system solutions to wireless handset and infrastructure customers worldwide.

Here is your Cheat Sheet to Skyworks Solutions Earnings:

Earnings Expectations: Analysts expect earnings of $0.47 per share on revenues of $420.77 million. Currently, the company’s P/E ratio stands at 18.47.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.51 to a profit $0.53. For the current year, the average estimate is a profit of $2.15, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Skyworks Solutions has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 860.02 802.58 1,072 1,419 1,569
Diluted EPS ($) 0.67 0.56 0.75 1.19 1.05

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 393.74 364.69 389.04 421.11 453.72
Diluted EPS ($) 0.30 0.18 0.26 0.31 0.34

Past Performance:
Skyworks Solutions has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]