5 Most Anticipated Tech Earnings to Watch

1. ServiceNow, Inc. (NYSE:NOW)

Number of Hedge Fund Holders: 99

ServiceNow, Inc. (NYSE:NOW) is scheduled to post its third-quarter earnings on October 26, 2022. Analysts expect the software firm to report adjusted earnings of $1.85 per share, compared to $1.55 per share in the year-ago period.

In addition, ServiceNow, Inc. (NYSE:NOW) is expected to generate revenue of $1.85 billion versus $1.5 billion in the corresponding period of 2021.

Separately, ServiceNow, Inc. (NYSE:NOW) appeared in the second-quarter 2022 investor letter of investment management firm Aristotle Capital Management. Here’s what the firm said:

“ServiceNow, Inc. (NYSE:NOW) provides digital workflows on a single enterprise cloud platform called the Now Platform. The company offers products on the Now Platform and standard applications specially designed for automating IT, Employee and Customer workflows. ServiceNow delivers software via the Internet through a simple and easy-to-use interface that can deploy the package offerings and allow customers to build their applications. Customers can choose to host software by themselves or through third-party service providers. The company offers professional services, both directly and through partners, to help customers deploy and utilize the products and platform. We consider ServiceNow a leading beneficiary of the digital transformation initiatives taking place in enterprises around the world. We believe it is the best-of-breed technology company with attractive topline growth metrics supported by a growing Total Addressable Market (TAM) along with positive FREE cash flow which is recycled into accelerating growth initiatives both organically and through selective M&A.”

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