Snowflake earnings: What to expect

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 97%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Snowflake is well positioned to beat expectations on product revenue for the latest quarter, according to some analysts, but all eyes will be on its outlook.

Snowflake Inc. is well positioned to beat expectations on product revenue for the latest quarter, according to some Wall Street analysts, but all eyes will be on the company’s outlook.

After Snowflake’s SNOW management gave an initial forecast for 47% growth in fiscal 2024 product revenue on the company’s last earnings call in late November, analysts are curious about whether the data-software company will stick with that target or adjust it given macroeconomic conditions and spending trends in the software landscape.

Revenue: The FactSet consensus calls for $576 million in quarterly revenue, up from $384 million a year before. On Estimize, the average projection is for $582 million. What else to watch for Some analysts are a bit cautious heading into the report, especially since Snowflake’s management gave an initial fiscal 2024 forecast for 47% product-revenue growth on the prior earnings call.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 3. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Flurries? ❄️❄️❄️

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Target will report earnings before the bell — Here's what to expectThe big-box retailer's results come with higher stakes after missing earnings' expectations for three consecutive quarters.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »