Core Insights - Analysts project that Snowflake Inc. (SNOW) will report quarterly earnings of $0.27 per share, reflecting a 10% decline year over year, while revenues are expected to reach $1.25 billion, marking a 26.9% increase from the same quarter last year [1] Group 1: Earnings and Revenue Estimates - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating analysts' reassessment of their initial forecasts [1] - Revenue from product sales is anticipated to be $1.20 billion, representing a 26.9% increase from the prior-year quarter [4] - Revenue from professional services and other sources is projected to be $53.98 million, reflecting a 24.2% increase from the year-ago quarter [4] Group 2: Key Metrics - Remaining performance obligations are expected to reach $8.89 billion, up from $6.90 billion a year ago [5] - The total number of customers is estimated at 13,106, compared to 11,159 in the previous year [5] - Customers with trailing 12-month product revenue exceeding $1 million are projected to be 729, an increase from 580 a year ago [5] Group 3: Profit Estimates - Non-GAAP product gross profit is forecasted to be $889.68 million, up from $715.31 million in the same quarter last year [6] - GAAP product gross profit is expected to reach $837.99 million, compared to $670.10 million reported in the same quarter last year [6] Group 4: Stock Performance - Shares of Snowflake have decreased by 15.1% over the past month, contrasting with a 0.8% decline in the Zacks S&P 500 composite [6] - Snowflake holds a Zacks Rank of 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [6]