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Benzinga
90 days

Snowflake Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. SNOW to report Q1 earnings on May 21, expecting $1.01B revenue. 2. Analysts predict earnings per share to increase from 14 cents to 21 cents. 3. Recent analyst ratings show varied price targets: $175 to $220. 4. Shares of SNOW gained 0.5%, closing at $182.88. 5. Bill Scannell joined SNOW's Board of Directors on May 8.

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FAQ

Why Bullish?

Analysts predict strong revenue growth and improved earnings, indicating positive sentiment. Historical performance supports upward price movements with positive earnings surprises.

How important is it?

Earnings reports significantly influence stock valuations; strong projections enhance market confidence in SNOW.

Why Short Term?

Earnings results are imminent, likely to trigger immediate market reactions based on performance projections. Short-term price changes often occur post earnings announcements.

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