Reported about 9 hours ago
Palantir (PLTR) is set to release its third quarter earnings, which are expected to reveal significant revenue growth, particularly in government contracts, amid rising concerns about a potential U.S. government shutdown. With the stock having surged over 28% since the previous quarter, investors will scrutinize the earnings report for insights into future performance, especially as analysts predict the company's revenue could reach $1.09 billion, marking a 50% increase compared to last year. The earnings results could impact stock volatility, with options traders anticipating a potential 9% movement following the announcement.
Source: YAHOO