Semiconductor manufacturer Skyworks Solutions Inc. SWKS is scheduled to report second-quarter fiscal 2016 results after the closing bell on Apr 28. In the last reported quarter, earnings beat the Zacks Consensus Estimate by 2 cents. Let’s see how things are shaping up for this announcement.Factors to ConsiderIn the second quarter of fiscal 2016, Skyworks continued to capitalize on its three flourishing business segments -- mobile Internet, vertical markets and analog components. As demand for mobile Internet applications is exploding with the broad proliferation of smartphones, net books, note books, caplets and other forms of embedded wireless devices, Skyworks continues to gain traction. With continued investments in research and development to increase its IoT portfolio, the company expects to gain more businesses, going forward.High quality, environment friendly products and sustainable business practices have been the key differentiators for the company in this competitive environment. The company is aggressively expanding into new vertical markets. It is investing heavily to increase its footprint in the traditional analog segments like automotive, medical and industrial. These are highly attractive markets with longer product life cycles, fewer competitors and higher margins.During the fiscal second quarter, the company launched SkyOne Ultra 2.0, a highly integrated, single LTE (Long Term Evolution) SKU solution, to address carrier aggregation challenges and deliver LTE band support while extending the power range. The new launch continues Skyworks' strategy of creating highly configurable and customized solutions that reduce system complexity and deliver unparalleled performance. This new product gives Skyworks an edge over its peers.However, the wireless handset market is intensely competitive and exposed to pricing pressure. Skyworks has to continually introduce new products to fend off competition and remain updated on technological advancements. Heavy investments in R&D escalate operating expenses, often without any significant contribution to its top line.To keep competition at bay, Skyworks has to continually introduce innovative products and remain updated on technological advancements. Heavy investments in R&D are escalating operating expenses and contracting margins. As other players in the market gear up to exploit the increasing demand for smartphones, pricing pressure is expected to intensify further.Skyworks expects second-quarter fiscal 2016 revenues to be $775 million, with non-GAAP earnings of $1.24 per share.Earnings WhispersOur proven model does not conclusively show that Skyworks is likely to beat earnings this quarter as it lacks the key components. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) and #3 (Hold) for this to happen. This is not the case here as you will see below:Zacks ESP: Earnings ESP, which represents the difference between the Most Accurate estimate and Zacks Consensus Estimate, is currently 0.00%.Zacks Rank: Skyworks’ Zacks Rank #3 (Hold) when combined with a 0.00% ESP makes an earnings beat uncertain this quarter. Note that stocks with a Zacks Ranks of #1, #2 and #3 have a significantly higher chance of beating earnings. The Sell-rated stocks (#4 and #5) should never be considered going into an earnings announcement, especially when the company is seeing negative estimate revisions.Stocks to ConsiderHere are some companies that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this quarter:Arch Capital Group Ltd. ACGL, earnings ESP of +1.77% and a Zacks Rank #2.Boyd Gaming Corporation BYD, earnings ESP of +36.00% and a Zacks Rank #1.Anixter International Inc. AXE, earnings ESP of +13.58% and a Zacks Rank #2.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BOYD GAMING CP (BYD): Free Stock Analysis Report SKYWORKS SOLUTN (SWKS): Free Stock Analysis Report ANIXTER INTL (AXE): Free Stock Analysis Report ARCH CAP GP LTD (ACGL): Free Stock Analysis Report To read this article on Zacks.com click here.