Skyworks Options (SWKS) closed at $111.86 within the newest buying and selling session, marking a +
Skyworks Options (SWKS) closed at $111.86 within the newest buying and selling session, marking a +0.33% transfer from the prior day. The inventory outpaced the S&P 500’s every day achieve of 0.01%. Elsewhere, the Dow gained 0.01%, whereas the tech-heavy Nasdaq added 0.2%.
Heading into right now, shares of the chipmaker had gained 12.9% over the previous month, outpacing the Laptop and Know-how sector’s achieve of two.57% and the S&P 500’s achieve of two.67% in that point.
Buyers might be hoping for energy from SWKS because it approaches its subsequent earnings launch. The corporate is anticipated to report EPS of $1.65, down 9.84% from the prior-year quarter. In the meantime, our newest consensus estimate is asking for income of $880.29 million, down 9.44% from the prior-year quarter.
For the total yr, our Zacks Consensus Estimates are projecting earnings of $6.37 per share and income of $3.44 billion, which might symbolize modifications of +3.24% and +1.79%, respectively, from the prior yr.
It is usually vital to notice the latest modifications…