Snowflake Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2022
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Go back to Snowflake Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2022
March 3, 2022 7:41 AM EST
Rosenblatt analyst Blair Abernethy lowered the price target on Snowflake Inc. (NYSE: SNOW) to $325.00 (from $380.00) while maintaining a Neutral rating following solid Q4 results on multiple compression.
The analyst commented, "Wednesday after market, Snowflake reported strong Q4 results that were ~4% above our revenue expectations and... More
March 3, 2022 6:24 AM EST
Mizuho Securities analyst Gregg Moskowitz lowered the price target on Snowflake Inc. (NYSE: SNOW) to $370.00 (from $410.00) while maintaining a Buy rating following results as unexpected platform enhancement partially offsets growth.
The analyst commented, "SNOW delivered a good quarter, as F4Q product... More
March 2, 2022 4:06 PM EST
Snowflake (NYSE: SNOW) reported Q4 EPS of ($0.43), $0.45 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $383.8 million versus the consensus estimate of $372.7 million.
GUIDANCE:
Snowflake sees Q1 2023 revenue of $383-388 million, versus the consensus of $410... More
