Snowflake Inc (NASDAQ:SNOW) shares are trading higher by 5.44% to $173.68. Traders and investors are watching for the company’s second-quarter earnings report, confirmed for Wednesday’s after-hours session.
According to analyst consensus estimates, Snowflake is expected to report an EPS loss of 1 cent on revenue of $467.15 million. The company last quarter beat both EPS estimates and revenue estimates by 700% and 2.3% respectively.
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Snowflake is a data lake, warehousing and sharing company that came public in 2020.
According to data from Benzinga Pro, Snowflake has a 52-week high of $405.00 and a 52-week low of $110.26.
