Palantir expected to report strong earnings, with revenue growth and adjusted earnings predicted to increase

From StockStory Media: 2025-02-02 08:01:01

Data-mining and analytics company Palantir (NYSE:PLTR) is set to report earnings tomorrow. Last quarter, Palantir beat revenue expectations by 2.9%, with revenues of $725.5 million, up 30% year on year. This quarter, analysts expect revenue to grow by 27.4% to $775 million, with adjusted earnings of $0.11 per share. Analysts have reconfirmed their estimates, anticipating the business to stay the course. In the data and analytics software segment, Commvault Systems beat revenue estimates by 6.9%, with shares up 3.1% on average over the last month. Palantir is up 8.7% during the same time, with an average analyst price target of $53.42.



Read more at StockStory Media: Palantir (PLTR) Reports Earnings Tomorrow: What To Expect