Palantir Technologies (NYSE: PLTR) has announced that it will be releasing its financial results for the second quarter of 2024 on Monday 5th August 2024. The report will be made available after market close, allowing investors and analysts to evaluate the company’s performance during this period.
In accordance with the predictions of financial analysts on Wall Street, the concern is on track to report an expected per share of $0.08 profit for the quarter.
PLTR forecasts a revenue target of $649.00 to $653.00 million in Q2, where as the number-crunchers predicting the company should report revenue of a tidy $652.10 million this quarter.
The wall street experts have called their shots with estimations of the company posting revenue of $2.7 billion and they expect the company to post profit of $0.33 per share for the fiscal year. Where as PLTR has its 2024 revenue vision at an estimated range of $2.68 to $2.69 billion.
The per-share income of $0.05 was highlighted in the company’s earnings report for the same quarter of the prior year. This notable figure was achieved due to the company’s impressive total revenue of $533.32 million recorded during that specific period.
PLTR will host a conference call with investment community on 5th August 2024 at 05:00 PM eastern time to discuss the financial results.
Palantir Technologies (PLTR) shares traded as low as $23.75 and as high as $24.87 on a day volume of 54.34 million shares, closed Friday’s regular trading session at $24.74, fall of 5.14 percent.
