Palantir Technologies Inc (NYSE: PLTR) announced earnings per share of $0.05 for the first quarter, which was $0.01 more than the average analyst forecast of $0.04. The actual revenue for the quarter was $525 million, which is much more than the average expectation of $505.82 million.
In comparison to the average estimate of $536 million for the second quarter of 2023, Palantir forecasts sales of $528-532 million. Compared to the industry average of $2.2 billion, Palantir anticipates revenue for FY2023 between $2.19 and $2.24 billion.
Enanta Pharmaceuticals Inc (NASDAQ: ENTA) published “Positive” topline findings from their Phase 2 SPRINT Trial Evaluating EDP-235 in Standard Risk Patients with COVID-19, resulting in a 20% decrease in their stock price.
Quarterly sales was $149.4 million, much below the average estimate of $199.35 million.
Compared to the consensus forecast of $0.39 for first-quarter earnings per share, Lucid Group Inc. (NASDAQ: LCID) reported a loss of $0.43 for the period. The actual revenue for the quarter was $149.4 million, which is much lower than the average expectation of $199.35 million.
Skyworks Solutions (NASDAQ: SWKS) announced Q2 earnings per share of $2.02, which was in line with the $2.02 expectation that was provided by analysts. The total revenue for the quarter came in at $1.15 billion, which is in line with the general consensus forecast of $1.15 billion.
Skyworks Solutions anticipates earnings per share of $1.67 for the third quarter of 2023, compared to the industry average of $2.07. Skyworks Solutions anticipates sales between $1.05 and $1.09 billion for the third quarter of 2023, compared to the industry average of $1.15 billion.
Premier Inc (NASDAQ: PINC) climbed by 7% as the company revealed that its board of directors is considering a number of potential strategic alternatives in an effort to increase value for stakeholders.
PayPal (NASDAQ: PYPL) reported first-quarter earnings per share of $1.17, which was $0.07 more than the $1.10 forecast given by analysts. The actual revenue for the quarter was $7.04 billion, which is much more than the average expectation of $6.98 billion.
In comparison to the industry average of $1.17, PayPal anticipates an EPS in the second quarter of 2023 between $1.15 and $1.17. PayPal anticipates an EPS of $4.95 for the fiscal year 2023, compared to the industry average of $4.88.