Zoetis Announces Second Quarter 2020 Results

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Zoetis Inc. (ZTS) PT Raised to $175 at Cowen

August 10, 2020 6:37 AM EDT

Cowen analyst Steve Scala raised the price target on Zoetis Inc. (NYSE: ZTS) to $175.00 (from $150.00) while maintaining an Outperform rating.

The analyst commented, "Post Q2 results, we updated our model; both revenue and EPS estimates have increased reflecting quicker-than-expected recovery in companion animal... More

Zoetis (ZTS) Tops Q2 EPS by 25c, Revenues Beat; Raises and Narrows FY20 Revenue Guidance, Provides FY20 EPS Outlook

August 6, 2020 7:06 AM EDT

Zoetis (NYSE: ZTS) reported Q2 EPS of $0.89, $0.25 better than the analyst estimate of $0.64. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.36 billion.

Reports Flat Revenue of $1.5 Billion, and Net Income of $377 Million, or $0.79 per Diluted Share, Increasing 2% and 3%, Respectively, on a Reported Basis for Second Quarter 2020Reports Adjusted Net Income of $427 Million, or Adjusted Diluted EPS of $0.89 for Second Quarter 2020Delivers 4% Operational Growth in Revenue and 4% Operational Growth in Adjusted Net Income for... More