Palantir Technologies Inc expected to post earnings of 11 cents a share - Earnings Preview

• Palantir Technologies Inc PLTR.OQ PLTR.O is expected to show a rise in quarterly revenue when it reports results on February 3 for the period ending December 31 2024

• The Denver Colorado-based company is expected to report a 27.5% increase in revenue to $775.907 million from $608.35 million a year ago, according to the mean estimate from 15 analysts, based on LSEG data.The company's guidance on November 4 2024, for the period ended December 31, was for revenue between $767.00 million and $771.00 million.

• ​LSEG's mean analyst estimate for Palantir Technologies Inc is for earnings of 11 cents per share.

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 13 "hold" and 5 "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for Palantir Technologies Inc is $44.00​, below​ its last closing price of $81.22. ​​​

The company's guidance on November 4 2024 for the period ended December 31 was for Earnings before Interest and Taxes between USD298 million and USD302 million.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated January 31 at 21:47 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)