Market Updates
U.S. Movers: Clorox, Palantir
Scott Peters
04 Nov, 2025
New York City
Palantir Technologies dropped 7% to $192.80, and the company reported better-than-expected third-quarter results and fourth-quarter guidance.
Revenue increased 63% to $1.2 billion from $725.5 million, net income advanced more than threefold to $476.7 million from $149.3 million, and diluted earnings per share rose to 18 cents from 6 cents a year ago.
For the fourth quarter, the company guided revenue between $1.327 billion and $1.331 billion, and adjusted income from operations between $695 million and $699 million.
Clorox Company increased 1.7% to $111.0, and the cleaning products maker reported better-than-expected fiscal first-quarter results.
Net sales decreased 19% to $1.4 billion from $1.7 billion, net income declined 20% to $80 million from $99 million, and diluted earnings per share fell 19% to 65 cents from 80 cents a year ago.
Adjusted earnings per share dropped 54% to 85 cents from $1.86 a year ago, primarily due to lower net sales related to its ERP transition.
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