Over 1 Year Ago
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MRVL reports earnings next week. Let's take a closer look at the stock.
Marvell Tech Group (MRVL) is reporting earnings on August 25. Lets zoom in on how the stock is performing.
Analysts think Marvell Tech Group will clock in with an EPS (earnings per share) of
$0.56, GAAP of $0.10, on revenue $1.52B. Over the last 90 days, analysts have lowered 19 estimates times and raised them 3 times.
MRVL bulls will first be listening for news that the company beat the analysts' estimates. After that they'll want to hear that the company beat these expectations with robust revenues that were higher than expected. Finally they'll want to hear about a positive growth story that helps analysts frame the company's future as one of growth in the following quarters.
Bears, on the other hand, will look to pounce if the company misses on EPS, Revenues, or future guidance. They will look to push a negative growth story for the stock in the coming quarters, and will gain more traction in a generally down market as opposed a market that is generally trending upwards.
If you haven't traded too many earnings reports, it's important to be aware that sometimes the majority of a stock's price movement can be caused by the analysts' estimates, rather than from the earnings report itself. As you see more of these, your ability to recognize one or the other will improve.
As of August 17 shares of MRVL are trading at $54.35. Over the last 52-week period, the price is down -41.92%. A larger move here can mean investors will have a stronger bullish or bearish outlook on the stock.
Analysts think Marvell Tech Group will clock in with an EPS (earnings per share) of
$0.56, GAAP of $0.10, on revenue $1.52B. Over the last 90 days, analysts have lowered 19 estimates times and raised them 3 times.
MRVL bulls will first be listening for news that the company beat the analysts' estimates. After that they'll want to hear that the company beat these expectations with robust revenues that were higher than expected. Finally they'll want to hear about a positive growth story that helps analysts frame the company's future as one of growth in the following quarters.
Bears, on the other hand, will look to pounce if the company misses on EPS, Revenues, or future guidance. They will look to push a negative growth story for the stock in the coming quarters, and will gain more traction in a generally down market as opposed a market that is generally trending upwards.
If you haven't traded too many earnings reports, it's important to be aware that sometimes the majority of a stock's price movement can be caused by the analysts' estimates, rather than from the earnings report itself. As you see more of these, your ability to recognize one or the other will improve.
As of August 17 shares of MRVL are trading at $54.35. Over the last 52-week period, the price is down -41.92%. A larger move here can mean investors will have a stronger bullish or bearish outlook on the stock.
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