Veeva Systems Analysts Boost Their Forecasts After Better-Than-Expected Earnings
1. Veeva reported Q1 earnings of $1.97 EPS, beating estimates. 2. Quarterly sales reached $759 million, exceeding forecasts by 17%. 3. Veeva raised full-year revenue guidance, projecting $3.09-$3.10 billion. 4. Analysts adjusted price targets upward following positive earnings. 5. Shares surged 18.1% to $277.04 after earnings announcement.