Palantir Technologies Inc. closed at $174.34, up 1.03% on a day when the S&P 500 fell 0.45%, the Dow dropped 1.21% and the Nasdaq slipped 0.01%. The company is projected to report earnings of $0.41 per share in its forthcoming report, representing year-over-year growth of 95.24%, on revenue of $2.17 billion, an 83.95% increase from the same quarter last year. For the full fiscal year, the Zacks Consensus Estimates project earnings of $1.6 per share and revenue of $8.19 billion, changes of +113.33% and +82.96% respectively from the prior year. Palantir holds a Zacks Rank of #1 (Strong Buy), with the consensus EPS estimate unchanged over the last 30 days, and trades at a Forward P/E of 107.95 versus an industry average of 20.36. The Internet - Software industry, part of the Computer and Technology sector, currently holds a Zacks Industry Rank of 90, placing it in the top 37% of all 250+ industries.
Palantir Technologies Inc.Palantir is projected to report 95% EPS growth and 84% revenue growth, with a Zacks Rank #1 (Strong Buy) and unchanged consensus estimates.
