Marvell Technology Group: Here’s What Investors Need to Know Before Earnings

Marvell Technology Group (NASDAQ:MRVL) will report earnings after markets close on Thursday, August 22nd. Marvell Technology Group Ltd. designs, develops, and markets integrated circuits for communications-related markets. The Company’s products provide the interface between analog signals and the digital information used in computing and communications systems. Marvell’s technology is applied to the broadband data communications market.

Here is your Cheat Sheet to Marvell Technology Group Earnings:

Earnings Expectations: Analysts expect earnings of $0.19 per share on revenues of $790.53 million. Currently, the company’s P/E ratio stands at 26.66.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.24 and has not changed. For the current year, the average estimate is a profit of $0.84, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Marvell Technology Group has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012 2013
Revenue ($) in millions 2,951 2,808 3,612 3,393 3,169
Diluted EPS ($) 0.23 0.54 1.34 0.99 0.54

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013 Apr. 30, 2013
Revenue ($) in millions 816.10 780.88 775.29 734.37
Diluted EPS ($) 0.16 0.12 0.09 0.11

Past Performance:
Marvell Technology Group has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)