Palantir Technologies faces a pivotal test that could define its market trajectory.
Market analysts have set exceptionally high benchmarks for Palantir's upcoming report. Projections indicate revenue could leap over 50% to reach $1.09 billion, while adjusted earnings per share are forecast to show an even more impressive 70% year-over-year increase.
These expectations come after the company surpassed the billion-dollar revenue threshold for the first time in the second quarter while simultaneously raising its full-year guidance, leaving minimal room for underperformance.
Author's summary: Palantir faces critical earnings report.