Veeva Systems (NYSE:VEEV) is set to announce its quarterly results after market hours this Thursday. Last quarter, the company beat revenue expectations by 2.7%, with revenues reaching $789.1 million, up 16.7% year on year. Analysts are expecting a 13.4% revenue growth this quarter to $792.9 million, with adjusted earnings projected at $1.95 per share. Veeva Systems has a history of exceeding revenue estimates, beating them by an average of 2.1% over the past two years. The company’s stock price has been down 4.8% in the last month, with an average analyst price target of $320.48.

In the same industry, Doximity reported a 23.2% revenue growth and Toast reported a 25.1% revenue increase in their Q3 results. However, Doximity’s stock price dropped 13.2% after the results, while Toast’s stock was up 9.5%. The vertical software segment has seen some volatility due to concerns about tariffs and corporate tax changes. Despite the challenges, thematic investing in growth stocks like Veeva Systems remains promising. StockStory is offering a free analysis of a profitable growth stock benefiting from the rise of AI.

Read more at StockStory.: Veeva Systems (VEEV) Q3 Earnings Report Preview: What To Look For