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Breaking: Palantir (PLTR) reports Q1 earnings numbers, EPS in line, revenue beats

Palantir Technologies (PLTR) reported Q1 2021 earnings before the market opened on Tuesday. Earnings per share (EPS) came in at $0.04, bang in line with analyst estimates. Revenue was $341 million for the quarter, ahead of the $332 million consensus estimate.

Palantir restated its guidance for 30% revenue growth for 2021-2025.

PLTR stock forecast

PLTR shares are trading at $17.60 in Tuesday's premarket, down 4.7%.

At the time of writing, 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.

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Author

Ivan Brian

Ivan Brian

FXStreet

Ivan Brian started his career with AIB Bank in corporate finance and then worked for seven years at Baxter. He started as a macro analyst before becoming Head of Research and then CFO.

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