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Stock impact report

Marvell Technology (MRVL) Stock Sinks As Market Gains: 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's change was less than the S&P 500's daily gain of 0.38%. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 0.09%. The chipmaker's stock has climbed by 29.5% in the past month, exceeding the Business Services sector's gain of 11.43% and the S&P 500's gain of 4.9%. The investment community will be closely monitoring the performance of Marvell Technology in its forthcoming earnings report. The company is scheduled to release its earnings on December 3, 2024. On that day, Marvell Technology is projected to report earnings of $0.40 per share, which would represent a year-over-year decline of 2.44%. Meanwhile, the latest consensus estimate predicts the revenue to be $1.45 billion, indicating a 2.47% increase compared to the same quarter of the previous year. MRVL's full-year Zacks Consensus Estimates are calling for earnings of $1.46 per share and revenue of $5.52 billion. These results would represent year-over-year changes of -3.31% an Show less Read more
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