Breaking: Palantir results miss, Earnings per share loss but revenue beats
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UNLOCK OFFERShares in Palantir are falling during early Tuesday trade as the company announced a surprising Earnings Per Share (EPS) loss for Q4 2020. Analysts had been expecting EPS of $0.02 but instead, Palantir (PLTR) announced a loss of $0.08 for the quarter.
Palantir did at least beat the revenue number with Q4 sales of $322 million ahead of the estimate for $300 million.
Market Reaction
Shares in Palantir (PLTR) are suffering in early pre-market trading as investors had been bullish on the stock. Shares are trading under $30 at $29.80 at the time of writing a loss of 6%.
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Shares in Palantir are falling during early Tuesday trade as the company announced a surprising Earnings Per Share (EPS) loss for Q4 2020. Analysts had been expecting EPS of $0.02 but instead, Palantir (PLTR) announced a loss of $0.08 for the quarter.
Palantir did at least beat the revenue number with Q4 sales of $322 million ahead of the estimate for $300 million.
Market Reaction
Shares in Palantir (PLTR) are suffering in early pre-market trading as investors had been bullish on the stock. Shares are trading under $30 at $29.80 at the time of writing a loss of 6%.
The author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
This article is for information purposes only. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. It is important to perform your own research before making any investment and take independent advice from a registered investment advisor.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to accuracy, completeness, or the suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. The author will not be held responsible for information that is found at the end of links posted on this page.
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