Zoetis(ZTS)

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Zoetis (ZTS) Q1 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-05-02 17:36
Zoetis, Inc. (ZTS) delivered first-quarter 2023 adjusted earnings (excluding one-time items) of $1.38 per share, which surpassed the Zacks Consensus Estimate of $1.34. In the year-ago quarter, the company delivered adjusted earnings of $1.31 per share.Total revenues grew 10% year over year to $2.19 billion in the reported quarter, which also beat the Zacks Consensus Estimate of $2.14 billion. In the year-ago quarter, the company reported total revenues of $2 billion.Shares of Zoetis are rising during market ...
Zoetis(ZTS) - 2024 Q1 - Earnings Call Transcript
2024-05-02 17:25
Zoetis Inc (NYSE:ZTS) Q1 2024 Results Conference Call May 2, 2024 8:30 AM ET Company Participants Steve Frank - Vice President of Investor Relations Kristin Peck - Chief Executive Officer Wetteny Joseph - Chief Financial Officer Conference Call Participants Michael Ryskin - Bank of America Jon Block - Stifel Erin Wright - Morgan Stanley David Westenberg - Piper Sandler Brandon Vazquez - William Blair Christopher LoBianco - TD Cowen Nathan Rich - Goldman Sachs Balaji Prasad - Barclays Glen Santangelo - Jeffe ...
Zoetis(ZTS) - 2024 Q1 - Quarterly Report
2024-05-02 16:26
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number:001-35797 Zoetis Inc. (Exact name of registrant as specified in its charter) Delaware 46-069 ...
Compared to Estimates, Zoetis (ZTS) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-05-02 14:36
Zoetis (ZTS) reported $2.19 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 9.5%. EPS of $1.38 for the same period compares to $1.31 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.14 billion, representing a surprise of +2.36%. The company delivered an EPS surprise of +2.99%, with the consensus EPS estimate being $1.34.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...
Zoetis (ZTS) Beats Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-05-02 13:11
Zoetis (ZTS) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.99%. A quarter ago, it was expected that this animal health company would post earnings of $1.33 per share when it actually produced earnings of $1.24, delivering a surprise of -6.77%.Over the last four quarters, the compa ...
Zoetis(ZTS) - 2024 Q1 - Quarterly Results
2024-05-02 11:04
EXHIBIT 99.1 Zoetis Announces First Quarter 2024 Results • Reports Revenue of $2.2 Billion, Growing 10%, and Net Income of $599 Million, or $1.31 per Diluted Share, Increasing 9% and 10%, Respectively, on a Reported Basis for First Quarter 2024 • Delivers 12% Operational Growth in Revenue and 15% Operational Growth in Adjusted Net Income for First Quarter 2024 • Reports Adjusted Net Income of $634 Million, or Adjusted Diluted EPS of $1.38, for First Quarter 2024 • Updates Full Year 2024 Revenue Guidance to ...
Unveiling Zoetis (ZTS) Q1 Outlook: Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-04-29 14:22
Wall Street analysts forecast that Zoetis (ZTS) will report quarterly earnings of $1.35 per share in its upcoming release, pointing to a year-over-year increase of 3.1%. It is anticipated that revenues will amount to $2.14 billion, exhibiting an increase of 7% compared to the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their i ...
Wall Street Analysts Look Bullish on Zoetis (ZTS): Should You Buy?
Zacks Investment Research· 2024-04-26 14:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Zoetis (ZTS) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Zoetis currently has an average brok ...
Zoetis (ZTS) Stock Dips While Market Gains: Key Facts
Zacks Investment Research· 2024-04-22 23:21
In the latest trading session, Zoetis (ZTS) closed at $145.54, marking a -0.66% move from the previous day. This change lagged the S&P 500's daily gain of 0.87%. At the same time, the Dow added 0.67%, and the tech-heavy Nasdaq gained 1.11%.Shares of the animal health company have depreciated by 13.26% over the course of the past month, underperforming the Medical sector's loss of 6.67% and the S&P 500's loss of 3.97%.Market participants will be closely following the financial results of Zoetis in its upcomi ...
Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Zoetis Inc. (ZTS)
Newsfilter· 2024-04-15 21:03
NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Zoetis Inc. ("Zoetis" or the "Company") (NYSE:ZTS). The investigation concerns whether Zoetis and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [Click here to learn more about the investigation] On April 12, 2024, Investor's Business Daily published a report on Zoetis which alleged that Zoetis "stock crumbled Fr ...