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Advance Auto Parts, Inc. (AAP) - $25 value - yours FREE >>
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Palantir Technologies Inc. (PLTR) - $25 value - yours FREE >>
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What's in the Offing for Palantir (PLTR) in Q2 Earnings?
Palantir Technologies Inc. ((PLTR - Free Report) ) is slated to report second-quarter 2021 results on Aug 12, before the bell. The company’s earnings matched the Zacks Consensus Estimate in the first quarter of 2021.
Q2 Expectations
The Zacks Consensus Estimate for revenues is pegged at $360.6 million, indicating 5.9% sequential growth. The top line is expected to have benefited from strength in both government and commercial segments. Both segments are likely to have benefited from increased contributions from both existing and new customers.
The consensus mark for earnings is pegged at 4 cents per share, indicating no change sequentially. Strong operating performance is expected to have benefited the bottom line in the quarter.
What Our Model Says
Our proven model does not conclusively predict an earnings beat for Palantir this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Palantir has an Earnings ESP of 0.00% and a Zacks Rank #3.
Palantir Technologies Inc. Price and EPS Surprise
Palantir Technologies Inc. price-eps-surprise | Palantir Technologies Inc. Quote
Stocks That Warrant a Look
Here are a few stocks from the broader Zacks Business Services sector that investors may consider, as our model shows that these have the right combination of elements to beat on second quarter 2021 earnings.
Advance Auto Parts (AAP - Free Report) , with an Earnings ESP of +25.92% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
CyberArk Software (CYBR - Free Report) , with an Earnings ESP of +37.93% and carrying a Zacks Rank of 2 as well.
BTRS Holdings , with an Earnings ESP of +62.5% and a Zacks Rank #2.