Palantir Technologies Inc (NASDAQ:PLTR) shares are moving higher on Monday ahead of the company’s fourth‑quarter earnings report. Here’s a look at what to expect.
- Palantir Technologies stock is moving in positive territory. Why is PLTR stock trading higher?
Palantir’s Q4 Earnings Preview
Palantir will release its fourth-quarter results after the market closes Monday. Analysts are looking for earnings of 23 cents per share and revenue of about $1.33 billion, according to Benzinga Pro. That would mark a sharp jump from the same quarter last year, when the company posted earnings of 14 cents per share on revenue of $827.52 million.
Last quarter, Palantir delivered a Rule of 40 score of 114%, with U.S. revenue up 77% year‑over‑year and U.S. commercial revenue soaring 121%.
Overall revenue climbed 63% year‑over‑year to $1.181 billion in its third-quarter, while adjusted operating income hit $601 million for a 51% margin. Palantir also closed a record $2.76 billion in …