Skyworks Q2 Revenue Estimate Drops to $901.76M, EPS at $1.04
Summary
Analysts project Skyworks Solutions' Q2'26 revenue at $901.76 million and EPS at $1.04, according to Wiseek News. These estimates represent a significant sequential decline from Q1'26 reported revenue of $1.04 billion and EPS of $1.54. This follows the company's previous report of a sharp decline in Q1 FY26 earnings and revenue, and ongoing antitrust review for a merger. The lowered expectations indicate that analysts anticipate continued weakness in the company's performance, setting a lower bar for the upcoming earnings report on May 5th. Traders will closely monitor the actual Q2'26 results against these estimates and any forward guidance provided by management.
At the time of this announcement, SWKS was trading at $61.79 on NASDAQ in the Technology sector, with a market capitalization of approximately $9.3B. The 52-week trading range was $51.93 to $90.90. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Wiseek News.