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0 -0.00631390236374189 -0.00631390236374189 -0.000334027361250391 -0.00631390236374189 -0.00800518014222437 0.0118069309771416 0.0158237157010376
Stock impact report

Zoetis beats profit estimates on strong demand for pet products [Yahoo! Finance]

Zoetis Inc. Class A (ZTS) 
Last zoetis inc. class a earnings: 2/13 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.zoetis.com
Company Research Source: Yahoo! Finance
Zoetis deals with vaccines, medicines and diagnostic solutions for animals and manufactures products for livestock and fish, which it markets in more than 40 countries. The company posted adjusted profit of $1.38 per share for the first quarter, beating analysts' average estimate of $1.34 per share, according to LSEG data. Shares of the company rose 4% to $163.52 in premarket trading. Zoetis had said in February it expects companion animal to be the primary growth driver in 2024, helped in part by strong demand for its osteoarthritis pain medication — Librela for dogs and Solensia for cats. The New Jersey-based company posted first-quarter revenue of $2.19 billion, compared with analysts' estimate of $2.13 billion. Revenue in its companion animal segment, which sells vaccines and medicines for dogs, cats and horses, rose 18% to $1.45 billion, also beating estimates of $1.37 billion. Zoetis attributed the rise in revenue to growth in its flea, tick and heartworm combinatio Show less Read more
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