© Reuters. After-hours movers: Palantir, Avis gain following earnings
Palantir (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 $503.13 million. Palantir sees Q1 2023 revenue of $503-507 million, versus the consensus of $522.2 million. Palantir sees FY2023 revenue of $2.18-2.23 billion, versus the consensus of $2.28 billion.
Avis Budget Group (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 $2.8 billion versus the consensus estimate of $2.69 billion.
Amkor Technology (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 $1.91 billion versus the consensus estimate of $1.85 billion. Amkor Technology sees Q1 2023 EPS of $0.05-$0.22, versus the consensus of $0.53. Amkor Technology sees Q1 2023 revenue of $1.4-1.5 billion, versus the consensus of $1.64 billion.
Cadence Design Systems (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 $900 million versus the consensus estimate of $884.52 million. 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 $1-1.02 billion, versus the consensus of $0.9309 billion. Cadence Design Systems sees FY2023 EPS of $4.90-$5.00, versus the consensus of $4.70. Cadence Design Systems sees FY2023 revenue of $4-4.06 billion, versus the consensus of $3.88 billion.
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