Upcoming MRVL earnings

MRVL's earnings are being released today (May 26th) after market close.

MRVL historically beats earnings 89.41% of the time, with an average beat on earnings of 27.59%.

Conversely, MRVL historically misses earnings 10.59% of the time, with an average miss of 28.62%.

By taking a weighted average (89.41% for earnings beats, and 10.59% for earnings misses) of the average gains/losses we can arrive at an estimate of how much MRVL will beat (or miss) their earnings by. MRVL has a weighted average EPS beat of 24.67%, and a weighted average EPS miss of 3.03%. By adding these weighted averages together we arrive at an estimated earnings miss of 21.64%

Applying this to their earnings estimate we can expect MRVL to beat their EPS estimate by 21.64% which would result in a reported EPS of $0.62 (versus their estimated EPS of $0.51.