Preview: Marvell Tech's Earnings
Portfolio Pulse from Benzinga Insights
Marvell Tech (NASDAQ:MRVL) is set to release its quarterly earnings report on August 24, 2023. Analysts estimate an earnings per share (EPS) of $0.32. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. The stock is currently trading at $59.59 and has seen a 9.41% increase over the last 52-week period.
August 23, 2023 | 2:00 pm
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Marvell Tech is expected to report an EPS of $0.32 in its upcoming earnings. The company has a history of beating EPS estimates, which could potentially lead to a rise in its share price.
Marvell Tech has a history of beating EPS estimates, which has often led to an increase in its share price. Given that the company is expected to report an EPS of $0.32, if it beats this estimate, it could potentially lead to a rise in its share price. Additionally, the stock has seen a 9.41% increase over the last 52-week period, indicating a positive trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100