ServiceNow (NOW) Surpasses Q1 Earnings and Revenue Estimates

Core Viewpoint - ServiceNow reported quarterly earnings of $4.04 per share, exceeding the Zacks Consensus Estimate of $3.79 per share, and up from $3.41 per share a year ago [1][2] Financial Performance - The company achieved revenues of $3.09 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.18%, compared to $2.6 billion in the same quarter last year [3] - ServiceNow has consistently surpassed consensus EPS and revenue estimates over the last four quarters [2][3] Stock Performance and Outlook - ServiceNow shares have declined approximately 27.7% since the beginning of the year, while the S&P 500 has decreased by 10.1% [4] - The current consensus EPS estimate for the upcoming quarter is $3.60 on revenues of $3.11 billion, and for the current fiscal year, it is $16.27 on revenues of $13 billion [8] Industry Context - The Computers - IT Services industry, to which ServiceNow belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, indicating potential challenges ahead [9] - The performance of ServiceNow's stock may be influenced by the overall outlook for the industry [9]