Palantir (PLTR) rose by 16% and announced a fourth-quarter EPS of $0.04, $0.01 more than the average analyst forecast of $0.03. Quarterly revenue came in at $509 million, compared to the consensus forecast of $503.13 million. Palantir anticipates sales of $503–707 million for the first quarter of 2023, compared to the average estimate of $522.2 million. Palantir anticipates FY2023 revenues between $2.18 and $2.23 billion, compared to the consensus estimate of $2.28 billion.
Avis Budget Group (CAR) gained 5% and posted Q4 EPS of $10.46, which was $3.65 more than the average analyst forecast of $6.81. Compared to the average forecast of $2.69 billion, quarterly revenue came in at $2.8 billion.
Amkor Technology (AMKR) decreased by 4% and reported a Q4 EPS of $0.67, $0.03 less than the average analyst forecast of $0.70. Compared to the average forecast of $1.85 billion, quarterly revenue came in at $1.91 billion. Amkor Technology anticipates Q1 2023 EPS in the range of $0.05 to $0.22, compared to the consensus estimate of $0.53. Amkor Technology thinks it will make between $1.4 billion and $1.5 billion in Q1 2023, while the average estimate is $1.64 billion.
Cadence Design Systems (CDNS) increased by 3% and announced fourth-quarter earnings per share of $0.96, $0.04 higher than the average analyst expectation of $0.92. Quarterly revenue came in at $900 million, compared to the consensus forecast of $884.52 million. Cadence Design Systems anticipates Q1 2023 EPS between $1.23 and $1.27, compared to the consensus estimate of $1.10. Cadence Design Systems anticipates revenue of $1 to $1.02 billion for the first quarter of 2023, compared to the average estimate of $0.9309 billion. Cadence Design Systems anticipates FY2023 EPS between $4.90 and $5.00, versus the consensus estimate of $4.70. Compared to the average estimate of $3.88 billion, Cadence Design Systems anticipates revenue of $4 to $4.06 billion for fiscal year 2023.