Veeva Systems A reported second-quarter adjusted earnings per share of $2.35, exceeding analyst expectations by $0.13 and surpassing the consensus estimate of $2.22. Revenue for the period totaled $927.96 million, also beating the $905.41 million estimate.
The company provided third-quarter guidance, projecting adjusted EPS in the range of $2.33 to $2.34, compared with the $2.28 consensus. Revenue guidance for the quarter was set at $932 million to $935 million, above the $917.90 million estimate. For the full fiscal year ending January 2027, Veeva raised its revenue outlook to $3.68 billion to $3.69 billion, up from the $3.65 billion consensus.
Veeva Systems closed trading at $244.91, reflecting a 40.48% gain over the past three months but a 16.58% decline over the prior 12 months. Over the last 90 days, 21 analyst revisions to earnings estimates were positive, while three were negative.
The company’s financial health was rated as "great performance" by InvestingPro’s scoring system, based on recent performance metrics and analyst sentiment.
