(SWKS - Get Report)
, offers products in cellular handsets and analog semiconductors. The company is due to release its fiscal 2012 first-quarter earnings on Jan. 19.
The company is likely to report net income of $94.6 million on sales of $389.56 million, compared to net income of $84.69 million on sales of $335.12 million recorded during the first quarter of fiscal 2011, as per the consensus estimates of analysts polled by
. For the quarter, Skyworks is likely to report earnings of 50 cents per share, compared to earnings of 45 cents in the year-ago quarter.
Cash flow per share is seen increasing to 51 cents from 36 cents in the first quarter of fiscal 2011. EBITDA and operating profit are seen up 17% and 24%, respectively.
Of the 20 analysts covering the stock, 70% recommend a buy, while the remaining suggest a hold. There are no sell ratings on the stock. Analysts polled by
foresee the stock gaining an average 56.7% to $28.17 in the upcoming 12 months.