ServiceNow Q1 2024 Adj EPS $3.41 Beats $3.14 Estimate, Sales $2.60B Beat $2.59B Estimate
Portfolio Pulse from Benzinga Newsdesk
ServiceNow (NYSE:NOW) reported Q1 2024 adjusted EPS of $3.41, surpassing the $3.14 estimate, with sales of $2.60B exceeding the $2.59B forecast. This represents a 24.19% increase in sales compared to the same period last year.

April 24, 2024 | 8:11 pm
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POSITIVE IMPACT
ServiceNow reported a strong Q1 2024 with adjusted EPS and sales beating estimates, indicating robust financial health and growth.
Beating both EPS and sales estimates typically leads to positive investor sentiment and can drive the stock price up in the short term. The significant year-over-year sales growth further underscores the company's strong performance and potential for future growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100