Veeva Systems, Inc. (NYSE: VEEV) has announced that it will be unveiling its second quarter financial results on Wednesday 28th August 2024. The disclosure is planned to occur after market close.
It is anticipated by financial experts on Wall Street that the organization is set to announce an estimated $1.52 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $668.39 million for this period.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $1.21. This figure was a result of the company's total revenue, which reached an impressive $590.23 million during that specific period.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $2.71 billion. Additionally, the earnings per share for the company are also anticipated to reach profit of $6.16 over the course of the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2025 | $1.50 | +64.8% | 650.35 M | +23.6% |
| Q4 2024 | $1.38 | +20.0% | 630.62 M | +11.9% |
| Q3 2024 | $1.34 | +18.6% | 616.51 M | +11.6% |
| Q2 2024 | $1.21 | +17.5% | 590.23 M | +10.5% |
*Growth on year-over-year basis
In addition, The firm will review the second quarter financial results on 28th August 2024 at 05:00 PM eastern time, in a conference call with public.
Veeva Systems (VEEV) closed Friday's regular trading session at $199.25, demonstrating a 1.11 percent gain. The stock fluctuated between $196.10 and $200.86 during the day, with a volume of 758.80 thousand shares.
