Palantir Technologies Inc. (NASDAQ:PLTR) will release earnings for its first quarter after the closing bell on Monday, May 4.
Analysts expect the Aventura, Florida-based company to report quarterly earnings of 28 cents per share. That’s up from 13 cents per share in the year-ago period. The consensus estimate for Palantir’s quarterly revenue is $1.54 billion (it reported $883.86 million last year), according to Benzinga Pro.
On April 28, Cleveland-Cliffs signed a three-year partnership with Palantir to deploy AI across its operations and commercial functions.
Shares of Palantir gained 3.6% to close at $144.07 on Friday.
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