ServiceNow Inc reports results for the quarter ended December 31 - Earnings Summary

• ServiceNow Inc NOW.N reported quarterly adjusted earnings of $3.67​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $3.11. The mean expectation of thirty three analysts for the quarter was for earnings of $3.67 per share. Wall Street expected results to range from $3.32 to $4.06 per share.

• Revenue rose 21.3% to $2.96 billion from a year ago; analysts expected $2.96 billion.

• ServiceNow Inc's reported EPS for the quarter was $1.83​.

• The company reported quarterly net income of $384 million.

• ServiceNow Inc shares had risen by 10.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.1% in the last three months.​

• In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 38 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for ServiceNow Inc is $1,192.23

This summary was machine generated from LSEG data January 30 at 01:01 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)