Will Skyworks (SWKS) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Skyworks Solutions (SWKS) has a strong history of beating earnings estimates and is well-positioned for future earnings success [1][2] - The company has surpassed earnings estimates by an average of 2.89% over the last two quarters, with recent earnings of $1.97 per share against an expectation of $1.95, resulting in a surprise of 1.03% [1] - The positive Zacks Earnings ESP of +0.73% indicates bullish sentiment among analysts regarding the company's earnings prospects [3] Earnings Performance - In the most recent quarter, Skyworks reported earnings of $1.97 per share, exceeding the consensus estimate of $1.95 by 1.03% [1] - For the previous quarter, the company reported $2.20 per share against an estimate of $2.10, achieving a surprise of 4.76% [1] Analyst Sentiment - Estimates for Skyworks have been trending higher, supported by its history of earnings surprises [2] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with a historical success rate of nearly 70% for stocks with this profile [2] Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [3] - A positive Earnings ESP indicates that analysts have recently become more optimistic about the company's earnings [3] Importance of Earnings ESP - Companies may beat consensus EPS estimates, but this alone may not drive stock prices higher [4] - Checking a company's Earnings ESP before quarterly releases is crucial for increasing the odds of successful investment decisions [4]