After-hours movers: Palantir, Avis gain following earnings

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After-hours movers: Palantir, Avis gain following earnings
Credit: © Reuters.

By Investing.com Staff

Palantir (NYSE: PLTR ) 16% HIGHER; reported Q4 EPS of $0.04, $0.01 better than the analyst estimate of $0.03. Revenue for the quarter came in at $509 million versus the consensus estimate of $503.13M. Palantir sees Q1 2023 revenue of $503M-$507M, versus the consensus of $522.2M. Palantir sees FY2023 revenue of $2.18 billion-$2.23 billion, versus the consensus of $2.28B.

Avis Budget Group (NASDAQ: CAR ) 5% HIGHER; reported Q4 EPS of $10.46, $3.65 better than the analyst estimate of $6.81. Revenue for the quarter came in at $2.8B versus the consensus estimate of $2.69B.

Amkor Technology (NASDAQ: AMKR ) 4% LOWER; reported Q4 EPS of $0.67, $0.03 worse than the analyst estimate of $0.70. Revenue for the quarter came in at $1.91B versus the consensus estimate of $1.85B. Amkor Technology sees Q1 2023 EPS of $0.05-$0.22, versus the consensus of $0.53. Amkor Technology sees Q1 2023 revenue of $1.4B-$1.5Bn, versus the consensus of $1.64B.

Cadence Design Systems (NASDAQ: CDNS ) 3% HIGHER; reported Q4 EPS of $0.96, $0.04 better than the analyst estimate of $0.92. Revenue for the quarter came in at $900M versus the consensus estimate of $884.52M. Cadence Design Systems sees Q1 2023 EPS of $1.23-$1.27, versus the consensus of $1.10. Cadence Design Systems sees Q1 2023 revenue of $1B-1.02B, versus the consensus of $0.9309B. Cadence Design Systems sees FY2023 EPS of $4.90-$5.00, versus the consensus of $4.70. Cadence Design Systems sees FY2023 revenue of $4B-$4.06B, versus the consensus of $3.88B.

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