
Enterprise workflow automation company ServiceNow (NYSE: NOW) will be reporting results this Wednesday afternoon. Here’s what to expect.
ServiceNow beat analysts’ revenue expectations last quarter, reporting revenues of $3.77 billion, up 22.1% year on year. It was a mixed quarter for the company, with a narrow beat of analysts’ annual recurring revenue estimates.
Is ServiceNow a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting ServiceNow’s revenue to grow 22.1% year on year, in line with the 22.4% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. ServiceNow rarely misses Wall Street’s revenue estimates.
With ServiceNow being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unfold for productivity software stocks. However, there has been positive investor sentiment in the segment, with share prices up 17.7% on average over the last month. ServiceNow is up 12.3% during the same time .
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