Wall Street's Insights Into Key Metrics Ahead of Marvell (MRVL) Q2 Earnings

Core Insights - Analysts project Marvell Technology (MRVL) will report quarterly earnings of $0.67 per share, a 123.3% increase year over year, with revenues expected to reach $2.01 billion, reflecting a 58% increase from the same quarter last year [1]. Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been adjusted downward by 0.1%, indicating a reassessment by covering analysts [2]. - Revisions to earnings estimates are crucial for predicting investor actions, as empirical research shows a strong correlation between earnings estimate trends and short-term stock price performance [3]. Revenue Projections by Market Segment - Analysts forecast 'Net Revenue by end market- Data center' to reach $1.51 billion, a change of +71.6% year over year [5]. - The consensus estimate for 'Net Revenue by end market- Carrier infrastructure' is $145.61 million, suggesting a change of +91.8% year over year [5]. - 'Net Revenue by end market- Automotive/industrial' is projected to be $75.64 million, indicating a change of -0.7% year over year [5]. - 'Net Revenue by end market- Consumer' is expected to arrive at $94.08 million, reflecting a change of +5.8% year over year [6]. - 'Net Revenue by end market- Enterprise networking' is projected to reach $185.45 million, indicating a change of +22.8% from the year-ago quarter [6]. Stock Performance - Marvell shares have shown a return of -1.6% over the past month, compared to the Zacks S&P 500 composite's +2.7% change, with a Zacks Rank 3 (Hold) suggesting the stock is expected to mirror overall market performance in the near future [6].