Veeva Methods (VEEV) Positive aspects As Market Dips: What You Ought to Know

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Veeva Methods (VEEV) Positive aspects As Market Dips: What You Ought to Know

Veeva


Veeva Methods (VEEV) closed at $164.97 within the newest buying and selling session, marking a +0.66% transfer from the prior day. This transfer outpaced the S&P 500’s every day lack of 0.38%. On the identical time, the Dow misplaced 0.44%, and the tech-heavy Nasdaq misplaced 0.67%.

Coming into right this moment, shares of the supplier of cloud-based software program companies for the life sciences business had gained 12.49% prior to now month. In that very same time, the Laptop and Expertise sector gained 3.8%, whereas the S&P 500 gained 1.91%.

Buyers will likely be hoping for power from VEEV because it approaches its subsequent earnings launch, which is anticipated to be March 3, 2020. The corporate is anticipated to report EPS of $0.52, up 15.56% from the prior-year quarter. In the meantime, the Zacks Consensus Estimate for income is projecting web gross sales of $298.12 million, up 28.32% from the year-ago interval.

It is usually necessary to notice the latest adjustments to analyst estimates for VEEV. These revisions sometimes mirror the most recent short-term enterprise traits, which might change continuously. In consequence, we are able to interpret optimistic…



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