Marvell Technology Group (
) is due with its Q4 results after the bell tonight, and analysts
polled by Capital IQ are expecting the company to report earnings
of $0.25 per share on revenue of $901.1 million.
MRVL has reversed direction between the sessions following
earnings-driven after-hours moves in 22 of the last 38 quarters
Looking deeper into the data, the stock has followed earnings
news with gains in 25 quarters, expanding that move just nine
When shares decline in response to earnings, which has happened
13 times, more aggressive next-day moves took place seven times, or
54% of the time.
On Nov. 21, 2013, MRVL gained 4.7% in after-hours trade after
posting better-than-expected results and guidance. The stock added
to its gains the next day, closing the Nov. 22 regular session up
On Aug. 22, 2013, MRVL dropped 1.2% in night trade despite
posting better-than-expected results and guidance. The stock moved
deeper in the red the next day, ending the Aug. 23 regular session
On May 23, 2013, MRVL advanced 7.7% in after-hours trade after
posting better-than-expected results and guidance. The stock lost
most of its upside the next day, closing the May 24 regular session
On Feb. 21, 2013, MRVL gained 4.4% in night trade after beating
on Q4 and setting in-line guidance for Q1. The stock maintained the
same 4.4% rise in the Feb. 22 regular session.
On Nov. 15, 2012, MRVL jumped 3.2% in night trade after meeting
on Q3 earnings and beating on revenue. The stock lost its gains the
next day, closing the Nov. 16 regular session off 0.1%.
On Aug. 16, 2012, MRVL declined 7.9% after posting
weaker-than-expected results and guidance. The stock added to its
negative trade the next day, ending down 14.1%.
On May 17, 2012, MRVL gained 4% in after-hours action after
posting better-than-expected results. The stock reversed sharply in
the following day's regular session, ending down 4.1%.
On Feb. 23, 2012, MRVL advanced 2.8% in night trade after
topping Q4 expectations. The stock reversed sharply the next day,
closing the Feb. 24 regular session down 3.7%.
On Nov. 17, 2011, MRVL advanced 3.8% in after-hours trade after
topping Q3 estimates. The stock moved higher the following day,
closing the Nov. 18 regular session up 6.4%.
On Aug. 18, 2011, MRVL advanced 13.7% in evening trade after
topping Q2 estimates and issuing mostly upbeat guidance. The stock
saw its evening gains narrow in next-day trade, closing the Aug. 19
regular session up a more modest 5.9%.
On May 26, 2011, the stock gained 9.2% in after-hours trading
following a Q1 miss but strong Q2 guidance. Shares rose a stronger
11% the next day.
On March 3, 2011, the stock fell 5.6% on a Q4 miss. The stock
fell 11.4% the next day.
On Nov. 18, 2010, MRVL fell 2.5% in after the regular session.
But shares jumped 6% by the close of the next day's regular
On Aug. 19, 2010, MRVL surged 10% in after-hours trade after
posting in-line earnings results, announcing a stock buyback plan
and guiding mostly above Street estimates for its Q3. The stock cut
some of its gains the next day, closing the Aug. 20 regular session
On May 20, 2010, the stock gained 2% after a Q1 beat. Shares
eased 0.3% the next day.
On March 4, 2010, the stock fell 6% after mixed Q4 results and
Q1 guidance that was largely above the Street's view. Shares
rebounded to gain 1.3% the next day.
On Dec. 3, 2009, MRVL gained 5.5% in after-hours action after
reporting better-than-expected results and guidance. The stock
jumped higher the following day, closing the Dec. 4 regular session
On Aug. 27, 2009, MRVL jumped 7.6% in after-hours trade after
topping Q2 expectations. The gain narrowed the following day as
MRVL ended the Aug. 28 regular session up 4.9%.
On May 28, 2009, the stock fell 1.9% after meeting with
earnings. Shares fell 2.2% the following day.
On March 5, 2009, MRVL advanced 9.1% in evening trade following
better-than-expected Q4 results. The stock cut its gains modestly
the next day, ending the March 6 regular session up 7.1%.
On Dec. 2, 2008, MRVL leaped 10.4% in after-hours trade after
beating Street estimates. The stock roared higher the next day,
rising 20.4% in the Dec. 3 regular session.
On Aug. 28, 2008, MRVL declined 3.4% in after-hours trade after
beating Q2 expectations. The stock added to its downside in the
following regular session, declining 4.4% by the closing bell on
On May 29, 2008, the stock gained 14.9% after the company beat
with Q1 results. The gain fattened to 23.3% the next day.
On March 6, 2008, MRVL declined 5.1% in evening trade after
reporting a strong Q4 but setting guidance that disappointed Wall
Street. The stock saw its downside slim back just a bit the
following day, ending the March 7 regular session down 5.0%.
On Nov. 27, 2007, the stock dropped 9.9% during evening trading
after the company beat with Q3 results but announced job cuts. The
loss was a slightly deeper 10.1% the next day.
On Aug. 23, 2007, MRVL shed 8.1% in after-hours trade after the
company met Q2 earnings expectations and beat on revenue. It added
to its downside the next day, closing the Aug. 24 regular session
On May 17, 2007, MRVL firmed 1.5% in night trade despite missing
Q1 sales estimates. Shares, though, fell the next day to close the
regular session down 2.8%.
On Feb. 26, 2007, MRVL advanced 5% in after-hours trade after
the company reported a year-over-year improvement in Q4 sales but
still missed Street estimates. It lost a chunk of that gain in the
next day's regular session, gaining a more modest 3%.
On Nov. 16, 2006, shares fell 3.6% in the evening session. The
company beat with revenue figures but offered no EPS results due to
its ongoing options review. The loss was pared somewhat the next
day when shares finished down 2.9%.
On Aug. 17, 2006, shares fell 8.5% in the evening hours after
the stock missed Q2 revenue expectations. The stock fell 6.9% the
On May 18, 2006, shares improved 6.2% after the company beat and
guided for higher revenue in Q2. The gain swelled to 13.1% the next
On Feb. 23, 2006, shares advanced 4.7% in the evening session
after topping with latest results and announcing stock split. The
stock nosed down 0.8% the next day.
On Nov. 17, 2005, MRVL advanced 7.6% after saying Q3 revs of
$426 million, vs. the FC mean of $421 million. Pro forma EPS was
$0.36 per share, vs. the Street view of $0.33 per share. Shares
jumped 12.9% the next day.
MRVL rose 2.2% on Aug. 18, 2005, after besting Q2 estimates. It
narrowed its gain in the Aug. 19 regular session, edging up
On May 19, 2005 MRVL advanced 1.7% in after-hours trade after
the company topped expectations and raised its revenue guidance
above the then-current Street view. Buyers pushed more aggressive
upside momentum into the stock on May 20, boosting it 3.8% between
On Feb. 24, 2005 MRVL gained 3.9% in after-hours trade after the
company beat expectations and guided ahead of the Street view. It
cut back its upside slightly the next day, ending the Feb. 25
regular session up 3.7%.
MRVL jumped 6.9% the night of Nov. 18, 2004 after the company
beat earnings estimates and set its sales outlook about in line
with estimates. The stock saw the bulk of its gains evaporate in
next-day trade, ending the Nov. 19 regular session up 1.6%.
After beating estimates and guiding higher on Aug. 19, 2004 MRVL
slid 4.5% in night trade. It cut its declines the following day and
ended the regular session up 10.4%.