What to Expect From Palantir Technologies' Next Quarterly Earnings Report

With a market cap of $94.8 billion, Palantir Technologies Inc. (PLTR) operates in the software and data analytics industry. It builds and deploys platforms like Palantir Gotham, Foundry, Apollo, and AIP to assist intelligence agencies and organizations in analyzing large datasets and driving operational decision-making. The Denver, Colorado-based company is expected to release its fiscal Q3 earnings results after the market closes on Monday, Nov. 4.

Ahead of this event, analysts expect Palantir Technologies to report a profit of $0.05 per share, up 66.7% from $0.03 per share in the year-ago quarter. The company has surpassed or met Wall Street's bottom-line estimates in two of the last four quarters while missing on two other occasions. In the most recent quarter, PLTR missed the consensus EPS estimate by 25%.