Marvell Technology Group (Nasdaq: MRVL) is expected to report Q1 earnings on May 24. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Marvell Technology Group's revenues will shrink -9.4% and EPS will compress -39.1%.

The average estimate for revenue is $721.6 million. On the bottom line, the average EPS estimate is $0.14.

Revenue details
Last quarter, Marvell Technology Group reported revenue of $775.3 million. GAAP reported sales were 4.4% higher than the prior-year quarter's $742.7 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.19. GAAP EPS of $0.09 for Q4 were 31% lower than the prior-year quarter's $0.13 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 52.2%, 190 basis points worse than the prior-year quarter. Operating margin was 6.6%, 310 basis points worse than the prior-year quarter. Net margin was 6.5%, 440 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $3.13 billion. The average EPS estimate is $0.78.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,380 members out of 1,461 rating the stock outperform, and 81 members rating it underperform. Among 298 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 283 give Marvell Technology Group a green thumbs-up, and 15 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Marvell Technology Group is hold, with an average price target of $9.17.

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