Snowflake (SNOW) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates

Group 1 - Snowflake Inc. (SNOW) is expected to report quarterly earnings of $0.17 per share, a decline of 51.4$952.67 million, reflecting a 23% increase compared to the same period last year [1] - The consensus EPS estimate for the quarter has remained unchanged over the past 30 days, indicating analysts' reassessment of their initial projections [1] - Analysts predict 'Revenue- Product revenue' at $910.47 million, a change of +23.4$42.70 million, indicating a +16.6% change from the year-ago quarter [4] Group 2 - The estimate for 'Remaining performance obligations' is projected to reach $6.71 billion, compared to$5.20 billion from the previous year [4] - Analysts estimate 'Total customers' at 11,035, up from 9,437 year-over-year, and 'Customers with trailing 12-month product revenue greater than $1 million' at 572, compared to 461 in the same quarter last year [5] - The expected 'GAAP Product gross profit' is$642.35 million, an increase from $545.31 million reported in the same quarter last year [6] Group 3 - Snowflake shares have increased by +5.7% over the past month, outperforming the +2.2% move of the Zacks S&P 500 composite [6] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to mirror overall market performance in the near future [6]