Veeva Systems Expects FY24 Total Revenues Of $2.725B-$2.740B (Est $2.354B), Adj EPS Of $6.16 (Est $4.76)
Portfolio Pulse from Benzinga Newsdesk
Veeva Systems projects FY24 total revenues to be between $2.725B and $2.740B, surpassing the estimated $2.354B. The company also forecasts an adjusted EPS of $6.16, exceeding the expected $4.76.
February 29, 2024 | 9:12 pm
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Veeva Systems expects FY24 revenues and adjusted EPS to significantly exceed analyst estimates.
Veeva Systems' projection of higher-than-expected revenues and EPS for FY24 suggests strong business performance and operational efficiency. This positive outlook is likely to boost investor confidence and potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 95
RELEVANCE 100