A Preview Of ServiceNow's Earnings
Portfolio Pulse from Benzinga Insights
ServiceNow (NYSE:NOW) is set to release its latest quarterly earnings report on October 25, 2023. Analysts estimate an earnings per share (EPS) of $2.56. The company's past performance shows a pattern of beating EPS estimates. However, the share price dropped by 3.01% the day after the last earnings report despite beating the EPS estimate. The stock has been performing well overall, with a 51.24% increase over the last 52 weeks.
October 24, 2023 | 7:00 pm
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ServiceNow's upcoming earnings report could impact its stock price. Despite beating EPS estimates in the past, the share price has sometimes dropped post-earnings. However, the stock has seen a significant increase over the past year.
ServiceNow's stock price could be influenced by its upcoming earnings report. While the company has a history of beating EPS estimates, this has not always led to an immediate increase in share price. However, the stock's strong performance over the past year may indicate investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100