Zinger Key Points
- Snowflake is scheduled to release 2025 fiscal year second quarter earnings on August 21.
- Snowflake missed analysts estimate for EPS by 22% last quarter.
- Get New Picks of the Market's Top Stocks
Snowflake Inc. SNOW shares are trending on Monday. The technology company is scheduled to release earnings next week on Wednesday.
The Details: Snowflake is expected to release earnings for the 2025 fiscal year second quarter. Analysts estimate an EPS of 16 cents and revenue of $849.70 million.
For the last earnings report, Snowflake missed analysts estimate for EPS by 22%, however, the company beat analysts estimate for revenue by 5%. The company has beat analysts estimate for revenue every quarter going back to 2016. Its record for beating EPS estimates is not as solid.
What Else: Last week TransUnion TRU announced its partnership with Snowflake to bring TruIQ Data Enrichment to Snowflake Marketplace. TruIQ Data Enrichment will grant joint customers continuous access to pseudonymized TransUnion credit data within the Snowflake AI Data Cloud.
“TransUnion and Snowflake share the common understanding that control of data use and the best possible protection of that data is a winning combination for our customers,” said Kieran Kennedy, global head, strategic data cloud principal, Snowflake.
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SNOW Price Action: Snowflake shares are trading 1.59% lower at $122.45 per data from Benzinga Pro.
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