Snowflake Inc. (NYSE: SNOW) is expected to release earnings results for its fourth quarter, after the closing bell on Feb. 28, 2024.
Analysts expect the company to report quarterly earnings at 18 cents per share, up from year-ago earnings of 14 cents per share. The company is projected to post revenue of $759.1 million for the latest quarter, compared to $589.01 million in the year-earlier quarter, according to data from Benzinga Pro.
Snowflake, during November, said third-quarter revenue increased 32% year-over-year to $734.17 million, which beat the consensus estimate of $712.78 million. The company reported quarterly earnings of 25 cents per share, which beat analyst estimates of 16 cents per share.
Snowflake shares gained 1.3% to close at $234.03 on …