Published on 24 May 2023 on Zacks via Yahoo Finance
Snowflake Inc. (SNOW) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 200%. A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced earnings of $0.14, delivering a surprise of 366.67%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.