Palantir Stock Rises as Earnings Growth Seen Continuing Despite Broader Market Declines
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Palantir Technologies (PLTR) stock closed 1.36% higher while broader markets declined.
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PLTR earnings per share expected to rise 60% year-over-year in next report.
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Revenue estimate for next quarter is $614.88 million, up 17% from last year.
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Analysts have favorable outlook on PLTR's business health and profitability.
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PLTR stock valuation is at a premium compared to industry averages.