Zoetis Announces First Quarter 2020 Results
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Zoetis (ZTS) Tops Q1 EPS by 9c; Updated FY20 EPS/Revenue Guidance Below Consensus
May 6, 2020 7:03 AM EDTZoetis (NYSE: ZTS) reported Q1 EPS of $0.95, $0.09 better than the analyst estimate of $0.86. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.5 billion.
Reports Revenue of $1.5 Billion, Growing 5%, and Net Income of $423 Million, or $0.88 per Diluted Share, Increasing 36% and 35%, Respectively, on a Reported Basis for First Quarter 2020Reports Adjusted Net Income of $455 Million, or Adjusted Diluted EPS of $0.95, for First Quarter 2020Delivers 7% Operational Growth in Revenue and 10% Operational Growth in Adjusted Net Income for First Quarter 2020COVID-19 Pandemic Has Minimal Impact on First Quarter Results; Estimated Full-Year... More