Veeva Announces Fiscal 2019 Third Quarter Results

Raymond James Remaubs Sidelined on Veeva Systems (VEEV) Following 3Q Beat

Raymond James analyst, Brian Peterson, reiterated a Market Perform rating on Veeva Systems (NYSE: VEEV) following the company's 3Q earnings report. Total revenue of $224.7 million topped estimates by 4%, with upside in both subscription and services. Non-GAAP EPS of $0.45 was nicely ahead of consensus... More

Veeva Systems (VEEV) PT Raised to $114 at KeyBanc

KeyBanc analyst Brent Bracelin raised the price target on Veeva Systems (NYSE: VEEV) to $114.00 (from $108.00) while maintaining a Overweight rating. Revenue increased 27% y/y to $224.7M, exceeding consensus revenue by $8.7M. EPS increased 80% y/y to $0.45, exceeding consensus by $0.07 on improving margins... More

Veeva Systems (VEEV) PT Raised to $108 at JMP Securities

JMP Securities analyst Peter Lowry raised the price target on Veeva Systems (NYSE: VEEV) to $108.00 (from $95.00) while maintaining a Market Outperform rating following the company's 3Q. VEEV reported non-GAAP EPS of $0.45 (consensus $0.38) on revenue of $224.7M, up 28% y/y (consensus $216.0M, up... More

Veeva Systems (VEEV) PT Raised to $100 at Deutsche Bank

Deutsche Bank analyst Karl Keirstead raised the price target on Veeva Systems (NYSE: VEEV) to $100.00 (from $95.00) while maintaining a Hold rating following quarter results. Total revenues of $225m were +27% and a full 4% above the high end of the guide on the back of... More

Veeva Systems (VEEV) Tops Q3 EPS by 7c, Revenues Beat; Offers FY19 EPS/Revenue Guidance Above Consensus

Veeva Systems (NYSE: VEEV) reported Q3 EPS of $0.45, $0.07 better than the analyst estimate of $0.38. Revenue for the quarter came in at $224 million versus the consensus estimate of $216.02 million.

We executed well across all areas of the business, expanding our leadership with Veeva... More