Compared to Estimates, Snowflake (SNOW) Q2 Earnings: A Look at Key Metrics
SNOWSnowflake(SNOW) ZACKS·2024-08-22 06:30

For the quarter ended July 2024, Snowflake Inc. (SNOW) reported revenue of 868.82million,up28.9868.82 million, up 28.9% over the same period last year. EPS came in at 0.18, compared to 0.22intheyear−agoquarter.Thereportedrevenuerepresentsasurpriseof+2.260.22 in the year-ago quarter.The reported revenue represents a surprise of +2.26% over the Zacks Consensus Estimate of 849.65 million. With the consensus EPS estimate being $0.15, the EPS surprise was +20.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...