ServiceNow Q2 Adj $2.37 Beats $2.05 Estimate, Sales $2.15B Beat $2.13B Estimate
Portfolio Pulse from Benzinga Newsdesk
ServiceNow (NYSE:NOW) reported Q2 earnings of $2.37 per share, beating the analyst consensus estimate of $2.05 by 15.61%. This is a 46.3% increase from the same period last year. The company also reported quarterly sales of $2.15 billion, beating the analyst consensus estimate of $2.13 billion by 0.94%. This is a 22.72% increase from the same period last year.
July 26, 2023 | 8:12 pm
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POSITIVE IMPACT
ServiceNow's Q2 earnings and sales exceeded estimates, indicating strong financial performance. This could potentially lead to a positive impact on the company's stock price.
ServiceNow's Q2 earnings and sales have exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The significant YoY growth in both earnings and sales further strengthens this positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100