Marvell Tech Earnings Preview
Portfolio Pulse from Benzinga Insights
Marvell Tech (NASDAQ:MRVL) is set to release its quarterly earnings report on May 25, 2023, with analysts estimating an EPS of $0.29. The company's past performance shows mixed results, and its stock is down 19.5% over the last 52-week period.
May 24, 2023 | 2:02 pm
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Marvell Tech's upcoming earnings report has an estimated EPS of $0.29. The company's past performance has been mixed, and its stock is down 19.5% over the last 52 weeks.
The upcoming earnings report for Marvell Tech has an estimated EPS of $0.29, which could impact the stock price. However, the company's past performance has been mixed, with both positive and negative price changes following earnings releases. Additionally, the stock is down 19.5% over the last 52 weeks, indicating that long-term shareholders may be bearish going into this earnings release. Given these factors, the short-term impact on the stock price is uncertain, resulting in a neutral score.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100