Gear Up for Veeva (VEEV) Q4 Earnings: Wall Street Estimates for Key Metrics

Core Viewpoint - Veeva Systems (VEEV) is expected to report quarterly earnings of $1.58 per share, a 14.5$698.28 million, reflecting a 10.7% increase compared to the same period last year [1] Earnings Estimates - There has been no revision in the consensus EPS estimate for the quarter over the past 30 days, indicating that analysts have not changed their initial projections [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock price performance [3] Revenue Projections - Analysts estimate 'Revenues- Subscription services' to reach $595.93 million, indicating a year-over-year increase of 14.3$102.35 million, suggesting a decline of 6.2% year-over-year [5] - 'Revenues- Professional services and other- Veeva R&D Solutions' is projected at $59.40 million, reflecting a decrease of 6$312.72 million, indicating a year-over-year increase of 20.5% [6] - 'Revenues- Subscription services- Veeva Commercial Solutions' is forecasted to reach $283.40 million, showing an 8.2$42.85 million, indicating a year-over-year decline of 6.7% [7] Gross Margin Estimates - 'Non-GAAP Gross Margin- Professional Services and other' is expected to be 22.9%, down from 23.9% a year ago [8] - 'Non-GAAP Gross Margin- Subscription services' is projected to remain at 85.7%, unchanged from the previous year [8] Stock Performance - Veeva shares have shown a return of -6.8% over the past month, compared to a -2.4% change in the Zacks S&P 500 composite [9] - With a Zacks Rank 3 (Hold), VEEV is anticipated to perform in line with the overall market in the near future [9]