Zoetis Earnings Top Analysts' Forecasts
Zoetis exceeded market expectations in Q4 2024, with impressive financial performance despite challenges in specific segments.
Zoetis (NYSE:ZTS), the leader in animal health solutions, released its fourth quarter results for 2024 on Feb. 13. The company reported an adjusted earnings per share (EPS) of $1.40, which exceeded the consensus estimate of $1.36. This beat signifies a 12.9% increase from the fourth quarter of 2023. Revenue reached $2.3 billion, slightly above the estimated $2.299 billion and up 5% year-over-year.
These results reflect Zoetis's strong operational capacity, despite facing challenges within the livestock segment. Overall, the quarter was solid, driven by the robustness of companion animal product offerings.
Source: Analyst estimates for the quarter provided by FactSet.
