Core Insights - Analysts project Snowflake Inc. (SNOW) will report quarterly earnings of $0.31 per share, a 55% increase year over year, with revenues expected to reach $1.18 billion, reflecting a 25.4% 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' stable outlook [1] - Revenue from product sales is projected to be $1.13 billion, marking a year-over-year increase of 25.4% [4] - Revenue from professional services and other sources is expected to reach $52.70 million, indicating a 26% year-over-year increase [4] Group 2: Customer Metrics - Total customers are projected to reach 12,483, up from 10,618 in the same quarter last year [5] - The number of customers with trailing 12-month product revenue greater than $1 million is expected to be 686, compared to 542 in the same quarter of the previous year [5] Group 3: Profitability Metrics - Non-GAAP Product Gross Profit is anticipated to be $915.73 million, up from $686.90 million in the same quarter last year [6] - GAAP Product Gross Profit is forecasted to reach $798.98 million, compared to $636.66 million in the same quarter last year [6] Group 4: Market Performance - Snowflake shares have decreased by 7.8% in the past month, contrasting with a 0.4% increase in the Zacks S&P 500 composite [6] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to closely follow overall market performance in the near term [6]