Snowflake Q3 Earnings: Will Bullish Charts, Analyst Optimism Offset The 32% YTD Decline?
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Snowflake Inc (SNOW) is set to report its Q3 earnings, with Wall Street expecting 15 cents EPS and $896.99 million in revenue. The company's stock has declined 32% YTD, but bullish charts and analyst optimism may offset this downturn.
November 20, 2024 | 4:30 pm
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Snowflake Inc is expected to report Q3 earnings with 15 cents EPS and $896.99 million in revenue. Despite a 32% YTD decline, bullish charts and analyst optimism could positively influence the stock.
The upcoming earnings report is crucial for Snowflake, given its 32% YTD decline. Positive earnings results, combined with bullish technical charts and analyst optimism, could lead to a short-term price increase.
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