MRVL Preview: Count On Lowered Guidance By Jay Somaney About this article: Marvell Technology will report earnings for its October quarter after the close of trading today. The Street expects earnings of 21 cents per share on $793 million in revenue for the October quarter. For the January quarter, current expectations are at 17 cents per share on revenue of $734 million. For fiscal 2009, the Street is expecting earnings of 85 cents per share on revenue of $3.18 billion. For 2010 (ending January 2010), current expectations are for earnings of 68 cents per share on revenue of $3.01 billion. Let me make one thing clear: Marvell will lower guidance for the fourth quarter to around $700 million. Here are some questions to bear in mind when poring over the press release and listening to the earnings call: How is storage doing? How is the company's communications business? (Remember Research In Motion is a large customer.) How is the handset business... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

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