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Stock impact report

Marvell Technology (MRVL) Laps the Stock Market: Here's Why [Yahoo! Finance]

Marvell Technology, Inc. (MRVL) 
Last marvell technology, inc. earnings: 3/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: marvell.com/company/investor_relations
Company Research Source: Yahoo! Finance
The stock outpaced the S&P 500's daily gain of 0.03%. Elsewhere, the Dow saw an upswing of 0.41%, while the tech-heavy Nasdaq appreciated by 0.12%. The the stock of chipmaker has risen by 1.01% in the past month, leading the Business Services sector's loss of 4.2% and the S&P 500's loss of 0.9%. The investment community will be closely monitoring the performance of Marvell Technology in its forthcoming earnings report. The company is forecasted to report an EPS of $0.23, showcasing a 25.81% downward movement from the corresponding quarter of the prior year. Alongside, our most recent consensus estimate is anticipating revenue of $1.15 billion, indicating a 12.9% downward movement from the same quarter last year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $1.35 per share and a revenue of $5.26 billion, indicating changes of -10.6% and -4.56%, respectively, from the former year. Any recent changes to analyst estimates for Marvell Techno Show less Read more
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