Looking for a stock that might be in a good position to beat earnings at its next report? Consider Marvell Technology Group Ltd.
This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. In fact, in these reports, MRVL has beaten estimates by at least 80% in both cases, suggesting it has a nice short-term history of crushing expectations.
Earnings in Focus
Two quarters ago, MRVL expected to post earnings of 6 cents per share, while it actually produced earnings of 11 cents per share, a beat of 83.3%. Meanwhile, for the most recent quarter, the company looked to deliver earnings of 5 cents per share, when it...