Zoetis Q1 2024 Adj EPS $1.38 Beats $1.34 Estimate, Sales $2.190B Beat $2.132B Estimate
Portfolio Pulse from Benzinga Newsdesk
Zoetis reported Q1 2024 adjusted EPS of $1.38, surpassing the $1.34 estimate, and sales of $2.190B, exceeding the $2.132B estimate. This represents a 5.34% increase in EPS and a 9.50% increase in sales from the same period last year.
May 02, 2024 | 11:02 am
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Zoetis surpassed Q1 2024 earnings and sales estimates, indicating strong financial performance and growth.
Beating both earnings and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The reported growth over the previous year further strengthens the case for a positive outlook on Zoetis' stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100