Veeva(US:VEEV) ZACKS·2026-02-27 15:15Core Insights - Veeva Systems (VEEV) is expected to report quarterly earnings of $1.92 per share, reflecting a year-over-year increase of 10.3% [1] - Projected revenues for the quarter are $808.89 million, which represents a 12.2% increase from the same quarter last year [1] Earnings Estimates - Over the past 30 days, the consensus EPS estimate has been revised downward by 0.4%, indicating a reassessment by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions and short-term stock performance [3] Revenue Breakdown - Analysts estimate 'Revenues- Subscription services' to reach $695.58 million, marking a 14.3% increase year-over-year [5] - 'Revenues- Professional services and other' are projected at $112.27 million, showing no change from the previous year [5] - 'Revenues- Professional services and other- Veeva R&D Solutions' is expected to be $67.30 million, a 0.9% increase year-over-year [6] - 'Revenues- Subscription services- Veeva R&D Solutions' is forecasted to reach $374.27 million, indicating an 18.7% increase [6] - 'Revenues- Subscription services- Veeva Commercial Solutions' is anticipated to be $321.86 million, reflecting a 9.7% increase [7] - 'Revenues- Professional services and other- Veeva Commercial Solutions' is expected to be $45.75 million, a 0.3% increase [7] Gross Margin Estimates - 'Non-GAAP Gross Margin- Professional services and other' is projected at 22.3%, down from 24.7% in the same quarter last year [8] - 'Non-GAAP Gross Margin- Subscription services' is expected to be 86.3%, slightly lower than the previous year's 86.7% [8] Stock Performance - Veeva shares have decreased by 12.9% over the past month, contrasting with a 0.5% decline in the Zacks S&P 500 composite [8] - The company holds a Zacks Rank 4 (Sell), indicating expectations of underperformance relative to the overall market [8]