Zoetis Q2 2024 Adj. EPS $1.56 Beats $1.49 Estimate, Sales $2.361B Beat $2.311B Estimate
Portfolio Pulse from Benzinga Newsdesk
Zoetis reported its Q2 2024 earnings with an adjusted EPS of $1.56, beating the estimate of $1.49. The company's sales were $2.361 billion, surpassing the expected $2.311 billion.
August 06, 2024 | 11:04 am
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Zoetis reported better-than-expected Q2 2024 earnings with an adjusted EPS of $1.56 and sales of $2.361 billion, both surpassing estimates.
Zoetis' better-than-expected earnings and sales figures are likely to positively impact its stock price in the short term. Beating both EPS and sales estimates typically boosts investor confidence and can lead to a stock price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100