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Throughout the Q1 cycle so far, several companies – Palantir PLTR, Cboe Global Markets CBOE, and Centene CNC – posted results that had investors pleased, with each raising their outlooks in one way or another and enjoying bullish post-earnings reactions.
Let’s take a closer look at what there was to like within each respective release.
PLTR Keeps Rolling
Palantir continued to experience serious growth, a theme that’s been present amid the AI frenzy. Sales grew an impressive 39% from the year-ago period, with the company also raising its current year sales outlook in a big way.
As shown below, analysts have already adjusted their current-year sales expectations accordingly, with the updated $3.9 billion estimate suggesting 41% growth year-over-year.
Image Source: Zacks Investment Research
Palantir’s customer count grew nearly 40% year-over-year and 8% sequentially, also booking its highest U.S. commercial total contract value throughout the period ($810 million), which grew a staggering 180% year-over-year.
Analysts have also upwardly revised their EPS expectations, a bullish sign concerning near-term share performance. Overall, the stock remains a great selection for those seeking exposure to the AI theme.
Image Source: Zacks Investment Research
Centene Raises Outlook
Adjusted EPS of $2.90 and sales of $46.6 billion from Centene blew away our consensus estimates, with earnings up a strong 28% year-over-year. Higher than expected membership growth led the company to up its 2025 premium and service revenues guidance by $6.0 billion, which already improved by a strong 17% YoY throughout the quarter.
As shown below, Centene’s sales have remained strong over recent periods, with the most recent period reflecting a notable acceleration. The company also maintained its current year EPS guidance, providing investors with a nice sense of stability in an anxious setting.
Image Source: Zacks Investment Research
Analysts adjusted their current year sales expectations accordingly following the release and guidance upgrade, with Centene now expected to post $178.7 billion in revenues in its current fiscal year. The stock also sports a favorable Zacks Rank #2 (Buy).
Image Source: Zacks Investment Research
Cboe Breaks Records
Cboe Global Markets’ results also came in strong, posting record adjusted EPS of $2.37 (up 21% YoY) and record net revenue of $562.5 million (up 13% YoY). And for the cherry on top, CBOE upped its 2025 organic revenue growth guidance, further adding to the positive picture.
CBOE also reported record Options net revenue of $352.4 million, up 15% year-over-year. Global FX net revenue of $21.3 million also reflected a fresh record, climbing 16% year-over-year. The company’s top line has shown an acceleration over the past year thanks to favorable trading conditions, as shown below.