Recap: Veeva Sys Q3 Earnings
Portfolio Pulse from Benzinga Insights
Veeva Systems (NYSE:VEEV) reported Q3 earnings with an EPS of $1.34, beating estimates by 3.08% and surpassing last year's revenue by $64.15 million. The company has a history of beating EPS estimates, which has previously led to a share price increase the following day.
December 06, 2023 | 9:20 pm
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POSITIVE IMPACT
Veeva Systems reported a positive Q3 earnings beat with an EPS of $1.34, which could lead to a favorable short term stock price movement based on past performance.
Veeva Systems' earnings beat is likely to be viewed positively by investors, as past earnings beats have resulted in share price increases the following day. The company's consistent performance in surpassing EPS estimates and showing revenue growth suggests a potential continuation of this trend in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100