What to Expect From ServiceNow’s Next Quarterly Earnings Report

Core Insights - ServiceNow, Inc. is valued at approximately $189.8 billion and utilizes artificial intelligence to enhance productivity and business outcomes globally [1] Financial Performance - For the upcoming third-quarter earnings report, analysts anticipate earnings of $2.34 per share, reflecting a 7.8% increase from $2.17 per share in the same quarter last year [2] - The company has consistently exceeded Wall Street's profit expectations for the past four quarters, with fiscal 2025 earnings projected to rise 29.4% to $9.32 per share, up from $7.20 in fiscal 2024, and a further 25.5% increase expected in fiscal 2026, reaching $11.70 per share [3] Stock Performance - ServiceNow shares have increased by about 2.4% over the past year, underperforming compared to the S&P 500 Index, which rose approximately 17.8%, and the Technology Select Sector SPDR Fund, which surged 27.8% [4] Recent Developments - The company reported strong second-quarter earnings on July 23, surpassing both top and bottom-line forecasts, which led to a 4.2% increase in shares the following day. The AI-powered platform was identified as a key growth driver, supported by strategic partnerships and acquisitions [5] - The current remaining performance obligations (cRPO) increased by 24.5% year-over-year to $10.92 billion by the end of Q2, indicating a robust revenue pipeline and a positive outlook for the near term [6]