Earnings Calendar for the week starting 05Aug2024 - will Palantir be worth a look?
Earnings Calendar (05Aug24)
Q3/2024 starts and a few earnings are coming in the coming week.
There are a few earnings of interest in the coming week, namely Palantir, Rivian, Disney, Tyson and Sony.
Let us look at Palantir’s recent performances
Despite a good gross profit margin of 81.2%, the P/E ratio stands at 178.61. The stock price has risen 32% in one year.
Observations of Palantir’s recent performances:
Revenue grew from $595M (2018) to $2,225M (2023).
Groos profits started with a loss of $623M (2018) and ended 2023 with a profit of $120M.
EPS started with -$0.89 (2018) and ended 2023 with $0.09.
The forecast for Palantir's EPS and revenue are $0.08 and $653.27 million respectively.
From the news, analysts seem weary over Palantir’s coming earnings. Despite gaining profitability, the stock seems overpriced with a P/E over 178. This is a stock which I monitor closely.
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- happyli·08-05Worth a look? [Thinking] [Observation]LikeReport
- wavyix·08-05Great analysisLikeReport