Skyworks Solutions Inc. SWKSis scheduled to report second-quarter fiscal 2018 results on May 3, after the market closes. The question lingering in investors’ minds is whether or not this semiconductor company will be able to post a positive earnings surprise in the quarter.
Notably, the company has an impressive earnings surprise history.
Let’s see how things are shaping up prior to this announcement.
What the Zacks Model Unveils?
Our proven model does not conclusively show that Skyworks Solution is likely to beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESPand a Zacks Rank #1 (Strong Buy), 2 (Buy) or at least 3 (Hold) for this to happen. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.