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Stock impact report

Palantir (PLTR) Reports Q1: Everything You Need To Know Ahead Of Earnings [Yahoo! Finance]

Palantir Technologies Inc. Class A (PLTR) 
Company Research Source: Yahoo! Finance
Palantir met analysts' revenue expectations last quarter, reporting revenues of $608.4 million, up 19.6% year on year. It was a solid quarter for the company, with an impressive beat of analysts' billings estimates and management forecasting accelerating growth. Is Palantir a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Palantir's revenue to grow 17.6% year on year to $617.6 million, in line with the 17.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.08 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Palantir has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line expectations by 0.9% on average. Looking at Palantir's peers in the data and analytics software segment, only Co Show less Read more
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