financetom
Business
financetom
/
Business
/
What's Going On With Snowflake Stock Monday?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
What's Going On With Snowflake Stock Monday?
Aug 12, 2024 9:09 AM

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 ( TRU ) 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.

See Also: DirecTV Transforms Into Streaming Service, Satellite Dish No Longer Needed

SNOW Price Action: Snowflake shares are trading 1.59% lower at $122.45 per data from Benzinga Pro.

Image: Photo via Shuttershock

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Samsara Insider Sold Shares Worth $3,907,099, According to a Recent SEC Filing
Samsara Insider Sold Shares Worth $3,907,099, According to a Recent SEC Filing
May 24, 2024
03:30 AM EDT, 05/24/2024 (MT Newswires) -- Sanjit Biswas, 10% Owner, Director, Chief Executive Officer, on May 21, 2024, sold 96,000 shares in Samsara (IOT) for $3,907,099. Following the Form 4 filing with the SEC, Biswas has control over a total of 4,056,103 shares of the company, with 1,703,391 shares held directly and 2,352,712 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1642896/000141588924014385/xslF345X03/form4-05232024_100512.xml Price:...
Robinhood Markets Insider Sold Shares Worth $1,004,674, According to a Recent SEC Filing
Robinhood Markets Insider Sold Shares Worth $1,004,674, According to a Recent SEC Filing
May 24, 2024
03:31 AM EDT, 05/24/2024 (MT Newswires) -- Vladimir Tenev, Director, Chief Executive Officer, on May 21, 2024, sold 47,570 shares in Robinhood Markets ( HOOD ) for $1,004,674. Following the Form 4 filing with the SEC, Tenev has control over a total of 6,907 shares of the company, with 6,907 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1783879/000178387924000153/xslF345X03/wk-form4_1716504539.xml Price: 19.36, Change: +0.12, Percent...
Procore Technologies Insider Sold Shares Worth $1,076,521, According to a Recent SEC Filing
Procore Technologies Insider Sold Shares Worth $1,076,521, According to a Recent SEC Filing
May 24, 2024
03:28 AM EDT, 05/24/2024 (MT Newswires) -- Kevin J O Connor, Director, on May 21, 2024, sold 15,384 shares in Procore Technologies ( PCOR ) for $1,076,521. Following the Form 4 filing with the SEC, O Connor has control over a total of 1,489,623 shares of the company, with 10,696 shares held directly and 1,478,927 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1611052/000141588924014398/xslF345X03/form4-05232024_110538.xml...
Samsara Insider Sold Shares Worth $3,907,050, According to a Recent SEC Filing
Samsara Insider Sold Shares Worth $3,907,050, According to a Recent SEC Filing
May 24, 2024
03:30 AM EDT, 05/24/2024 (MT Newswires) -- John Bicket, 10% Owner, Director, Executive Vice President, Chief Technology Officer, on May 21, 2024, sold 96,000 shares in Samsara (IOT) for $3,907,050. Following the Form 4 filing with the SEC, Bicket has control over a total of 3,218,272 shares of the company, with 413,810 shares held directly and 2,804,462 controlled indirectly. SEC...
Copyright 2023-2026 - www.financetom.com All Rights Reserved