Marvell Technology (MRVL) Earnings Date, Estimates & Call Transcripts

$62.88
+0.75 (+1.21%)
(As of 04/22/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 23Estimated
Actual EPS
(Mar. 7)
$0.46
Consensus EPS
(Mar. 7)
$0.46
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MRVL Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MRVL Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Marvell Technology Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20244$0.43$0.51$0.46$0.24 - $0.34
Q2 20244$0.15$0.49$0.32$0.27 - $0.37
Q3 20244$0.23$0.61$0.47$0.35 - $0.45
Q4 20243$0.35$0.60$0.500.410 - 0.510
FY 202415$1.16$2.21$1.75 
Q1 20252$0.08$0.38$0.230.180 - 0.280
Q2 20252$0.12$0.44$0.28 
Q3 20252$0.20$0.51$0.36 
Q4 20252$0.31$0.56$0.44 
FY 20258$0.71$1.89$1.30 
Q1 20262$0.29$0.33$0.31 
Q2 20262$0.36$0.38$0.37 
Q3 20262$0.41$0.46$0.44 
Q4 20262$0.45$0.56$0.51 
FY 20268$1.51$1.73 $1.62

MRVL Earnings Date and Information

Marvell Technology last released its quarterly earnings data on March 7th, 2024. The semiconductor company reported $0.46 EPS for the quarter, meeting analysts' consensus estimates of $0.46. The business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.42 billion. Its revenue for the quarter was up .6% on a year-over-year basis. Marvell Technology has generated ($1.08) earnings per share over the last year (($1.08) diluted earnings per share). Earnings for Marvell Technology are expected to grow by 126.39% in the coming year, from $0.72 to $1.63 per share. Marvell Technology has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, May 23rd, 2024 based off prior year's report dates.

Marvell Technology Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/23/2024
Estimated)
------- 
3/7/2024Q1 2024$0.46$0.46-$1.01$1.42 billion$1.43 billion    
11/30/2023Q4 2023$0.3990$0.41+$0.0110$0.67$1.40 billion$1.42 billion    
8/24/2023Q3 2023$0.3210$0.33+$0.0090$0.60$1.33 billion$1.34 billion    
5/25/2023Q1 2024$0.2920$0.31+$0.0180$0.54$1.30 billion$1.32 billion    
3/2/2023Q1 2023$0.47$0.46($0.01)$0.70$1.41 billion$1.42 billion    
12/1/2022Q3 2023$0.43$0.41($0.02)$0.80$1.56 billion$1.54 billion
8/25/2022Q2 2023$0.56$0.57+$0.01$0.81$1.52 billion$1.52 billion    
5/26/2022Q1 2023$0.37$0.37-$0.94$1.43 billion$1.45 billion    
3/3/2022Q4 2022$0.34$0.35+$0.01$0.69$1.32 billion$1.34 billion    
12/1/2021Q4 2021$0.38$0.43+$0.05$0.72$1.15 billion$1.21 billion    
8/25/2021Q3 2021$0.31$0.34+$0.03$0.76$1.07 billion$1.08 billion    
6/6/2021Q2 2021$0.27$0.29+$0.02$0.43$803.02 million$832.28 million  

Marvell Technology Earnings - Frequently Asked Questions

When is Marvell Technology's earnings date?

Marvell Technology has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, May 23rd, 2024 based off last year's report dates. Learn more on MRVL's earnings history.

Did Marvell Technology beat their earnings estimates last quarter?

In the previous quarter, Marvell Technology (NASDAQ:MRVL) reported $0.46 earnings per share (EPS) to hit the analysts' consensus estimate of $0.46. Learn more on analysts' earnings estimate vs. MRVL's actual earnings.

How can I listen to Marvell Technology's earnings conference call?

The conference call for Marvell Technology's latest earnings report can be listened to online. Listen to Conference Call

How can I read Marvell Technology's conference call transcript?

The conference call transcript for Marvell Technology's latest earnings report can be read online. Read Transcript

How much revenue does Marvell Technology generate each year?

Marvell Technology (NASDAQ:MRVL) has a recorded annual revenue of $5.51 billion.

How much profit does Marvell Technology generate each year?

Marvell Technology (NASDAQ:MRVL) has a recorded net income of -$933.40 million. MRVL has generated -$1.08 earnings per share over the last four quarters.

What is Marvell Technology's price-to-earnings ratio?

Marvell Technology (NASDAQ:MRVL) has a forward price-to-earnings ratio of 87.33. The price/earnings-to-growth ratio is 4.54.

What is Marvell Technology's EPS forecast for next year?

Marvell Technology's earnings are expected to grow from $0.72 per share to $1.63 per share in the next year, which is a 126.39% increase.


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This page (NASDAQ:MRVL) was last updated on 4/23/2024 by MarketBeat.com Staff

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