Palantir Technologies Q2 2024 Adj EPS $0.09 Beats $0.08 Estimate, Sales $678.13M Beat $652.10M Estimate
Portfolio Pulse from Benzinga Newsdesk
Palantir Technologies (NYSE:PLTR) reported Q2 2024 earnings of $0.09 per share, beating the analyst estimate of $0.08. The company also reported sales of $678.13 million, surpassing the $652.10 million estimate and marking a 27.15% increase from the same period last year.
August 05, 2024 | 8:11 pm
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Palantir Technologies reported Q2 2024 earnings of $0.09 per share, beating the analyst estimate of $0.08. The company also reported sales of $678.13 million, surpassing the $652.10 million estimate and marking a 27.15% increase from the same period last year.
Palantir's better-than-expected earnings and revenue growth are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates indicates strong performance and investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100