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Benzinga
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Palantir Technologies Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. PLTR is set to release Q2 earnings on Aug. 4. 2. Analysts predict earnings of 14 cents per share, up from 9 cents. 3. Projected revenue is $939.47 million, increasing from $678.13 million. 4. Palantir secured a $10 billion contract with the U.S. Army. 5. Shares fell 2.6% to $154.27 before the earnings announcement.

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FAQ

Why Bullish?

Strong revenue growth and new military contract signal positive future performance. Similar cases in the past, like large government contracts, have boosted PLTR's stock.

How important is it?

The substantial projected revenue growth and a key military contract enhance investor confidence significantly. Investors will closely watch earnings for validation of this positive trend.

Why Short Term?

The upcoming earnings announcement will likely influence the stock in the immediate future. Earnings season often leads to rapid stock price adjustments based on reported results.

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