Earnings Preview For Snowflake
Portfolio Pulse from Benzinga Insights
Snowflake (NYSE:SNOW) is set to release its latest quarterly earnings report on Wednesday, 2023-08-23. Analysts estimate an earnings per share (EPS) of $0.10. Last quarter, the company beat EPS by $0.10, but this was followed by a 16.5% drop in the share price. Shares of Snowflake were trading at $151.88 as of August 21, with a 52-week return of -4.69%.
August 22, 2023 | 3:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Snowflake's upcoming earnings report could impact its stock price. Last quarter's EPS beat led to a significant share price drop. Current share price is $151.88 with a negative 52-week return.
Snowflake's earnings report is a key event that could influence its stock price. Last quarter, despite beating EPS estimates, the stock price dropped significantly. This suggests that investor reactions to earnings reports can be unpredictable and may not always align with the company's performance. The current share price and negative 52-week return indicate that the stock has been underperforming, which could influence investor sentiment and reactions to the upcoming earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100