Skyworks Solutions (SWKS) Q2 Earnings and Revenues Surpass Estimates

Core Viewpoint - Skyworks Solutions reported quarterly earnings of $1.24 per share, exceeding the Zacks Consensus Estimate of $1.20 per share, but down from $1.55 per share a year ago, indicating a 20% year-over-year decline in earnings [1][2] Financial Performance - The company achieved revenues of $953.2 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.20%, but down from $1.05 billion in the same quarter last year, reflecting a decrease of approximately 9.5% [2] - Over the last four quarters, Skyworks has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Performance - Skyworks shares have declined about 25.6% since the beginning of the year, compared to a decline of 4.7% for the S&P 500 [3] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates of $1.07 for the upcoming quarter and $4.76 for the current fiscal year, alongside expected revenues of $918.84 million and $3.81 billion respectively [7] - The estimate revisions trend for Skyworks is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Industry Context - The Semiconductors - Radio Frequency industry, to which Skyworks belongs, is currently ranked in the top 16% of over 250 Zacks industries, suggesting a favorable industry backdrop [8]