Palantir expected to see 'very strong' Q4 earnings report following stock sell-off

Core Viewpoint - Palantir is expected to report strong fourth quarter earnings, with significant growth in both earnings per share and revenue, driven by robust sales to US businesses and government sectors [1][2][3]. Group 1: Earnings Expectations - Earnings per share are projected to increase to $0.23 from $0.14 year-over-year [1]. - Revenue is anticipated to surge over 60% to $1.3 billion [1]. Group 2: Revenue Breakdown - Revenue from commercial US sales is expected to rise nearly 124% year-over-year to $479 million [2]. - Sales to the US government are projected to account for approximately 40% of total revenue, with an expected contribution of $522 million, reflecting a nearly 52% increase from the previous year [3]. Group 3: Market Sentiment and Analyst Ratings - Despite strong earnings expectations, Palantir's stock has faced pressure due to concerns over valuation and broader market trends, with shares down over 10% in the past month [4]. - Analyst Louie DiPalma upgraded Palantir to Outperform, citing that the recent sell-off has made the valuation more reasonable compared to peers in the AI sector [5]. - The company's government contracts, despite controversy, are expected to contribute positively to the December quarter [6].