Veeva Sees FY24 Adj. EPS ~$4.59 vs $4.32 Est., Total Revenues $2.36B-$2.37B vs $2.36B Est.
Portfolio Pulse from Bill Haddad
Veeva Systems has updated its FY24 guidance, projecting an adjusted EPS of approximately $4.59, higher than the estimated $4.32, and total revenues between $2.36B and $2.37B, in line with the $2.36B estimate.
May 31, 2023 | 8:15 pm
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Veeva Systems has raised its FY24 adjusted EPS guidance to approximately $4.59, above the $4.32 estimate, and expects total revenues of $2.36B-$2.37B, in line with estimates.
Veeva Systems has raised its FY24 adjusted EPS guidance, which is higher than the estimated $4.32, and its total revenue guidance is in line with estimates. This positive news is likely to have a short-term positive impact on VEEV's stock price, as it indicates the company's strong financial performance and growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100