Zoetis Incexpected to post earnings of $1.49 a share - Earnings Preview

Zoetis Inc (ZTS.N) (ZTS) is expected to show a rise in quarterly revenue when it reports results on August 6 for the period ending June 30 2024 The Parsippany New Jersey-based company is expected to report a 6.0% increase in revenue to $2.311 billion from $2.18 billion a year ago, according to the mean estimate from 10 analysts, based on LSEG data. LSEG’s mean analyst estimate for Zoetis Inc is for earnings of $1.49 per share. The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 17 “strong buy” or “buy,” 2 “hold” and no “sell” or “strong sell.” The mean earnings estimate of analysts was unchanged in the last three months. Wall Street’s median 12-month price target for Zoetis Inc is $220.00, above its last closing price of $182.42. Previous quarterly performance (using preferred earnings measure in US dollars). QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI ENDING ARTESTIMAT ESTIMATE MET, SE % E® MISSED Mar. 31 2024 1.33 1.34 1.24 Missed 3.3 Dec. 31 2024 1.32 1.32 1.24 Missed -6 Jan. 1 0001 1.35 1.36 1.36 Met 0.1 Jun. 30 2023 1.32 1.32 1.41 Beat 7.2 Mar. 1.26 1.26 1.31 Beat 3.9 31 2023 Dec. 31 2022 1.02 1.05 1.15 Beat 9.9 Jan. 1 0001 1.24 1.24 1.21 Missed -2.1 Jun. 30 2022 1.23 1.22 1.20 Missed -1.5 This summary was machine generated August 2 at 15:00 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)