For the full year, the Zacks Consensus Estimates project earnings of $1.17 per share and a revenue of $4.6 billion, demonstrating changes of +40.96% and +26.9%, respectively, from the preceding year.

Investors should also note Snowflake Inc.'s current valuation metrics, including its Forward P/E ratio of 211.83. This expresses a premium compared to the average Forward P/E of 28.95 of its industry