• Snowflake Inc SNOW.N reported quarterly adjusted earnings of 30 cents​​ per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of 35 cents. The mean expectation of thirty seven analysts for the quarter was for earnings of 17 cents per share. Wall Street expected results to range from 12 cents to 22 cents per share.

• Revenue rose 27.4% to $986.77 million from a year ago; analysts expected $955.94 million.

• Snowflake Inc's reported EPS for the quarter was a loss of 99 cents​.

• The company reported a quarterly loss of $327.47 million.

• Snowflake Inc shares had risen by 6.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.8% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 36 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the it services & consulting peer group is also "buy"

Wall Street's median 12-month price target for Snowflake Inc is $205.00

This summary was machine generated from LSEG data February 27 at 12:00 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)