Published on 20 Jan 2022 on Zacks via Yahoo Finance
Skyworks Solutions (SWKS) closed the most recent trading day at $142.99, moving -1.98% from the previous trading session. This change lagged the S&P 500's 1.1% loss on the day. At the same time, the Dow lost 0.89%, and the tech-heavy Nasdaq gained 0.03%.
Coming into today, shares of the chipmaker had lost 4.29% in the past month. In that same time, the Computer and Technology sector lost 5.94%, while the S&P 500 lost 1.81%.
Skyworks Solutions will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $3.11, down 7.44% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $1.5 billion, down 0.51% from the year-ago period.