Insights Into Snowflake (SNOW) Q1: Wall Street Projections for Key Metrics

Group 1 - Snowflake Inc. (SNOW) is expected to report quarterly earnings of $0.22 per share, a 57.1% increase year-over-year, with revenues projected at $1 billion, reflecting a 21.1% year-over-year growth [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating analysts have collectively reassessed their initial estimates [1] - Analysts predict 'Revenue- Product revenue' will reach $934.50 million, showing an 18.4% year-over-year increase [3] Group 2 - 'Revenue- Professional services and other revenue' is forecasted to be $44.56 million, representing a 13.9% increase from the prior-year quarter [4] - 'Remaining performance obligations' are expected to reach $6.55 billion, up from $5 billion in the same quarter last year [4] - The total number of customers is projected to be 11,485, compared to 9,822 a year ago [4] Group 3 - The number of 'Customers with trailing 12-month product revenue greater than $1 million' is expected to be 603, an increase from 485 in the same quarter last year [5] - The consensus estimate for 'GAAP Product gross profit' is $678.55 million, compared to $569.93 million in the same quarter of the previous year [5] - Over the past month, shares of Snowflake have increased by 27.6%, outperforming the Zacks S&P 500 composite's 9.8% change [5]