Palantir Technologies Inc. (PLTR) is scheduled to announce its third-quarter 2023 financial results before the opening bell on November 2. The company has a track record of delivering impressive earnings surprises, surpassing the Zacks Consensus Estimate in two of the past four quarters. With an average surprise of 2.1%, investors are eager to see if Palantir can continue this trend.

Analysts are projecting a 16.1% year-over-year increase in revenues, with the consensus estimate set at $555 million. The growth is expected to be driven by strong performance in both the Government and Commercial segments. Palantir is anticipated to have benefited from increased contributions from existing and new customers, fueling its top-line growth.

Moreover, market experts predict a significant year-over-year surge in earnings, with the consensus estimate at 6 cents per share, reflecting a staggering 500% increase. The company's improved operating performance and revenue growth are expected to positively impact its bottom line in the quarter under review.

Palantir's positive earnings surprise prediction is backed by its positive Earnings ESP (Earnings Expected Surprise Prediction) of +4.35%. Coupled with its Zacks Rank #2, this combination raises the probability for another earnings beat for the company. Investors can utilize the Earnings ESP Filter tool from Zacks to explore potential stocks to buy or sell before their earnings report.

In addition to Palantir, there are other stocks in the broader Zacks Business Services sector that investors may want to consider. Gartner IT, for instance, has an Earnings ESP of +4.30% and holds a Zacks Rank of 3. The company has consistently beaten the Zacks Consensus Estimate in the past four quarters, with an average surprise of 32.6%. Gartner IT is expected to release its third-quarter earnings on November 3.

Another stock worth mentioning is Trane Technologies (TT), which currently boasts an Earnings ESP of +0.54% and a Zacks Rank of 2. The company is projected to witness revenue and earnings growth of 9.4% and 17.2%, respectively, compared to the previous year. Trane Technologies achieved an average surprise of 7.3% in the last four quarters and is expected to report its third-quarter numbers on November 1.

Investors are encouraged to stay updated on upcoming earnings announcements by referring to the Zacks Earnings Calendar.

For those seeking the latest recommendations from Zacks Investment Research, the "7 Best Stocks for the Next 30 Days" report is available for download today. With Palantir Technologies reporting earnings in the coming days, analysts and market participants eagerly await the release to see if the company can continue its streak of delivering positive surprises.