Zoetis stock jump 5% after earnings beat and upbeat guidance

Zoetis Inc. stock ZTS soared 5% Tuesday, after the animal health company topped revenue estimates for the fourth quarter and offered upbeat guidance for 2023. Parsippany, N.J.-based Zoetis posted net income of $461 million, or 99 cents a share, for the quarter, up from $414 million, or 87 cents a share, in the year-earlier quarter. Adjusted per-share earnings came to $1.15m matching the FactSet consensus. Revenue rose 5% to $2.040 billion from $1.967 billion a year ago, ahead of the $2.

-based Zoetis posted net income of $461 million, or 99 cents a share, for the quarter, up from $414 million, or 87 cents a share, in the year-earlier quarter. Adjusted per-share earnings came to $1.15m matching the FactSet consensus. Revenue rose 5% to $2.040 billion from $1.967 billion a year ago, ahead of the $2.003 billion FactSet consensus. Chief Executive Kristin Peck said revenue was boosted by demand for its parasiticides, dermatology and pain franchises. Revenue at the company’s U.S.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

LIVE: Gov. Ron DeSantis speaks with state leaders at Jacksonville businessGov. Ron DeSantis is holding a news conference Tuesday morning at Kenworth of Jacksonville, Inc. Expect a Bee Hive of Florida attorneys to start swarming. Their cash cow of litigation, has destroyed most Insurance companies in Florida, while leaving their clients with pennies and the attorneys taking home hundreds of thousands in fees. Looks like those days are over. Just another campaign stop. DeSantis DGAF about Florida residents.
Source: wjxt4 - 🏆 246. / 63 Read more »