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Snowflake Shares Jump After Profit and Sales Beat Expectations

Benzinga ·  11/30/2023 05:06

Snowflake(SNOW.US) reported quarterly earnings of $0.25 per share which beat the analyst consensus estimate of $0.16 by 56.25 percent. This is a 127.27 percent increase over earnings of $0.11 per share from the same period last year.  The company reported quarterly sales of $734.17 million which beat the analyst consensus estimate of $712.78 million by 3.00 percent.  This is a 31.80 percent increase over sales of $557.03 million the same period last year.Snowflake shares jumped 8.93% post-market after releasing earnings results.

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