Veeva Systems Inc reports results for the quarter ended January 31 - Earnings Summary

Veeva Systems

06/03/2025 07:17

Veeva Systems Inc VEEV.N reported quarterly adjusted earnings of $1.74​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of $1.38.  The mean expectation of twenty seven analysts for the quarter was for earnings of $1.58 per share. Wall Street expected results to range from $1.50  to $1.66 per share.

Revenue rose 14.3% to $720.89 million from a year ago; analysts expected $699.11 million.

Veeva Systems Inc's reported EPS for the quarter was $1.18​.

The company reported quarterly net income of $195.63 million.

Veeva Systems Inc shares had risen by 4.6% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 1.5% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," 10 "hold" and 2 "sell" or "strong sell."

The average consensus recommendation for the advanced medical equipment & technology peer group is also "buy"

Wall Street's median 12-month price target for Veeva Systems Inc is $272.93

This summary was machine generated from LSEG data March 6 at 07:17 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jan. 31 2025
1.58
1.74
Beat
Oct. 31 2024
1.58
1.75
Beat
Jul. 31 2024
1.53
1.62
Beat
Apr. 30 2024
1.43
1.50
Beat