Snowflake(US:SNOW) ZACKS·2025-08-22 14:15Core Insights - Snowflake Inc. (SNOW) is expected to report quarterly earnings of $0.26 per share, reflecting a 44.4% increase year-over-year [1] - Analysts forecast revenues of $1.09 billion, indicating a year-over-year growth of 24.9% [1] - The consensus EPS estimate has remained unchanged over the last 30 days, suggesting a reevaluation of initial estimates by analysts [1] Revenue Estimates - Analysts estimate 'Product revenue' to be $1.04 billion, representing a year-over-year increase of 25.4% [4] - 'Professional services and other revenue' is projected to reach $45.82 million, indicating a 15.8% year-over-year change [4] Key Metrics - 'Remaining performance obligations' are estimated at $6.84 billion, up from $5.20 billion reported in the same quarter last year [5] - The estimated 'Total customers' is 11,961, compared to 10,249 a year ago [5] - 'Customers with trailing 12-month product revenue greater than $1 million' are expected to reach 634, up from 510 in the previous year [6] - 'GAAP Product gross profit' is projected to be $744.86 million, compared to $593.67 million reported in the same quarter last year [6] Market Performance - Snowflake shares have decreased by 9.5% in the past month, contrasting with the Zacks S&P 500 composite's increase of 1.1% [6] - The company holds a Zacks Rank 3 (Hold), indicating it is expected to closely follow overall market performance in the near term [6]