a company named snowflake is going to tell everyone how much money they made during the last few months. people are interested because they want to know if it's a good time to buy or sell the company's stock, which is like a piece of the company that people can own and trade with other people. the company made more money this time than last time, but it made less money than some people thought it would. so now people are wondering if it's a good time to buy or sell the company's stock. Read from source...
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Snowflake (SNOW) is scheduled to report its Q2 2025 results on August 21. SNOW's consensus estimate for revenues is set at $848.15 million, indicating a 25.83% YoY increase from the previous quarter. The consensus mark for earnings has been stable in the past 30 days at 15 cents per share, suggesting a 31.82% YoY decrease from the prior-year quarter. SNOW's top-line growth is expected to benefit from its strong portfolio with new capabilities. The company's expanding partner base is also seen as a key catalyst for growth. However, the recent challenging macroeconomic conditions, including persistent inflation, are expected to have hurt customer spending patterns. Additionally, increased GPU-related costs as SNOW aggressively invests in AI initiatives are expected to have kept margins under pressure. SNOW shares have declined 35.7% and are currently trading at a premium with a forward 12-month P/S ratio of 10.96X compared to the Zacks Computer and Technology sector's 6.36X.