Veeva Sys Q4 Adj EPS $1.38 Beats $1.30 Estimate, Sales $630.62M Beat $621.14M Estimate
Portfolio Pulse from Benzinga Newsdesk
Veeva Systems (VEEV) reported Q4 adjusted earnings of $1.38 per share, surpassing the consensus estimate of $1.30, marking a 20% increase from last year. Quarterly sales reached $630.62M, exceeding estimates of $621.14M, and showing an 11.93% increase from the previous year.
February 29, 2024 | 9:07 pm
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Veeva Systems reported a strong Q4 with adjusted EPS of $1.38, beating estimates, and sales of $630.62M, also above expectations. This performance indicates a solid growth trajectory.
Veeva Systems' Q4 earnings and sales beat not only demonstrates the company's ability to exceed market expectations but also indicates a strong growth year-over-year in both earnings and sales. This positive performance is likely to instill investor confidence and could lead to a short-term positive impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100