PLTR Earnings Prediction
The chart below shows how PLTR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, PLTR sees a +6.75% change in stock price 10 days leading up to the earnings, and a +13.76% change 10 days following the report. On the earnings day itself, the stock moves by -2.13%. This data can give you a slight idea of what to expect for the next quarter's release.
PLTR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
725.52M
29.98%
6.99%
Gross Margin
79.79%
-1.08%
-1.54%
Operating Margin
15.59%
117.74%
0.39%
Net Margin
20.58%
56.38%
2.95%
EPS
0.06
100.00%
0.00%
No Data Available
PLTR Earnings Analysis
Palantir Technologies Inc. Class A Common Stock Corporation (PLTR.N) Earnings Conference Call
Positive
AI-Driven Revenue Surge: Revenue grew 30% year-over-year in Q3, driven by an intensifying AI revolution that the U.S. is rapidly driving.
U.S. Revenue Growth: Our U.S. business achieved 44% year-over-year and 14% sequential revenue growth.
U.S. Government Revenue Growth: Our U.S. government business revenue growth accelerated to 40% year-over-year and 15% sequentially.
U.S. Commercial Revenue Growth: Our U.S. commercial business momentum continued with 54% year-over-year and 13% sequential revenue growth.
Customer Growth Surge: We closed nearly $300 million of TCV and customer count grew 77% year-over-year compared to 37% year-over-year in Q3 2023.
Negative
Accelerated Revenue Growth: Revenue growth accelerated to 30% year-over-year, exceeding prior guidance by nearly 450 basis points, indicating strong performance but also highlighting potential volatility in future quarters.
Revenue Decline Projection: Despite strong revenue growth, the company anticipates a decline in revenue from certain customers, projecting between $6 million to $7.5 million compared to $20 million in the previous quarter.
U.S. Deal Value Surge: The company reported a significant increase in remaining deal value in its U.S. commercial business, growing 73% year-over-year, but this may not be sustainable in the long term due to market fluctuations.
Earnings Per Share Disparity: Adjusted earnings per share were reported at $0.10, while GAAP earnings per share were only $0.06, indicating a disparity that may concern investors about the company's profitability.
Competitive Edge Challenges: The company expects to face challenges in maintaining its competitive edge amidst rapid advancements in AI technology, which could impact future growth and profitability.
PLTR FAQs
How does PLTR typically perform around its earnings report dates?
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PLTR Earning Call Sentiment
Palantir Technologies Inc. (PLTR) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
PLTR.N
23.99%Positive
The earnings call summary shows strong financial performance with significant revenue growth, especially in U.S. commercial sectors, and increased guidance across various financial metrics. The share repurchase program and robust free cash flow are positive indicators for shareholder returns. Although competitive pressures and regulatory issues pose risks, the overall sentiment is positive. The Q&A session highlighted rapid customer conversions and strong government partnerships, reinforcing growth prospects. The market is likely to react positively, with a stock price increase of 2% to 8% over the next two weeks.