Data-mining and analytics company Palantir (NYSE:PLTR) will be announcing earnings results tomorrow after market close. Here’s what investors should know.

Palantir beat analysts’ revenue expectations by 3.9% last quarter, reporting revenues of $678.1 million, up 27.2% year on year. It was a very strong quarter for the company, with an impressive beat of analysts’ billings and EBITDA estimates.

Is Palantir a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Palantir’s revenue to grow 26.1% year on year to $703.7 million, improving from the 16.8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.09 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Palantir has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 1.6% on average.

Looking at Palantir’s peers in the data and analytics software segment, some have already reported their Q3 results, giving us a hint as to what we can expect. MicroStrategy’s revenues decreased 10.3% year on year, missing analysts’ expectations by 4.4%, and Commvault Systems reported revenues up 16.1%, topping estimates by 5.6%. MicroStrategy traded down 1.1% following the results while Commvault Systems was up 18.4%.

Read our full analysis of MicroStrategy’s results here and Commvault Systems’s results here.

There has been positive sentiment among investors in the data and analytics software segment, with share prices up 6.4% on average over the last month. Palantir is up 7.8% during the same time and is heading into earnings with an average analyst price target of $28.21 (compared to the current share price of $41.91).

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