Palantir Shares Surge 17% on Q4 Beat
<p><a href='https://financialmodelingprep.com/financial-summary/PLTR'>Palantir (NYSE:PLTR)</a> shares jumped more than 17% intra-day today after the company reported its Q4 results, with EPS of $0.04 coming in better than the Street estimate of $0.03. Revenue was $509 million, beating the consensus estimate of $503.13 million.</p>
<p>Q1/23 revenue is expected to be in the range of $503-507 million, compared to the Street estimate of $522.2 million, and adjusted income from operations of $91 - $95 million.</p>
<p>For the full 2023 year, the company expects revenue in the range of $2.18-2.23 billion, compared to the Street estimate of $2.28 billion. According to the analysts at Deutsche Bank, the 2023 outlook may prove optimistic and certainly not without risk calling for 16% growth at the midpoint given macro factors, outsized impact to SPAC investments, and any possible continuing resolution delays in US government spending.</p>

NYSE:PLTR