Company Overview - ServiceNow (NOW) shares increased by 4.6% to close at $928.6, supported by strong trading volume, contrasting with a 9.2% decline over the past four weeks [1] - The company is experiencing growth due to the increasing adoption of workflows by enterprises in the process of digital transformation [1] Earnings Expectations - ServiceNow is projected to report quarterly earnings of $4.22 per share, reflecting a year-over-year increase of 13.4% [2] - Expected revenues for the upcoming quarter are $3.35 billion, which represents a 19.9% increase compared to the same quarter last year [2] Stock Performance Insights - The consensus EPS estimate for ServiceNow has remained stable over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [4] Industry Context - ServiceNow operates within the Zacks Computers - IT Services industry, where Accenture (ACN) also competes [4] - Accenture's consensus EPS estimate has seen a slight increase of 0.2% to $2.98, with a year-over-year change of 6.8% [5] - Accenture's stock has experienced a decline of 6.2% over the past month, closing at $256.17 [4]

Core Viewpoint - ServiceNow reported quarterly earnings of $4.09 per share, exceeding the Zacks Consensus Estimate of $3.54 per share, and up from $3.13 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was +15.54%, with the company having surpassed consensus EPS estimates in all four of the last quarters [2] - ServiceNow's revenues for the quarter reached $3.22 billion, surpassing the Zacks Consensus Estimate by 3.02%, and up from $2.63 billion year-over-year [3] Stock Performance - ServiceNow shares have declined approximately 9.2% since the beginning of the year, contrasting with the S&P 500's gain of 7.3% [4] - The current Zacks Rank for ServiceNow is 3 (Hold), indicating expected performance in line with the market in the near future [7] Future Outlook - The consensus EPS estimate for the upcoming quarter is $4.21 on revenues of $3.29 billion, and for the current fiscal year, it is $16.55 on revenues of $13.01 billion [8] - The industry outlook is critical, with the Computers - IT Services sector currently in the bottom 29% of Zacks industries, which may impact stock performance [9]