Zoetis Inc. (NYSE:ZTS) is set to announce third quarter earning results on Thursday 5th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, ZTS to report 3Q20 income of $ 0.91 per share.
For the full year, analysts anticipate top line of $ 6432.14 million, while looking forward to income of $ 3.64 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 5,950.00 million ~ $ 6,250.00 million, where as bottomline are predicted in a range of $ 3.17 ~ $ 3.42 per share
Click Here For More Historical Outlooks Of Zoetis Inc.
Previous Quarter Performance
Zoetis Inc. unfold income for the second quarter of $ 0.89 per share, from the revenue of $ 1,548.00 million. According to street consensus, ZTS was expected to report 2Q20 income of $ 0.64 per share from revenue of $ 1350.00 million. The bottom line results beat street analysts by $ 0.25 or 39.06 percent, at the same time, top line results outshined analysts by $ 198.00 million or 14.67 percent.
Stock Performance
Shares of Zoetis Inc. traded up $ 11.21 or 6.87 percent on Wednesday, reaching $ 174.35 with volume of 3.36 million shares. Zoetis Inc. has traded high as $ 176.17 and has cracked $ 165.97 on the downward trend
The closing price of $ 174.35, representing a 80.99 % increase from the 52 week low of $ 90.14 and a 7.4 % decrease over the 52 week high of $ 176.17.
The company has a market capital of $ 82.84 billion and is part of the Healthcare sector and Drug Manufacturers – Specialty & Generic industry.
Conference Call
Zoetis Inc. will be hosting a conference call at 8:30 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.zoetis.com
Zoetis Inc. discovers, develops, manufactures, and commercializes animal health medicines, vaccines, and diagnostic products in the United States and internationally. It commercializes products primarily across species, including livestock, such as cattle, swine, poultry, fish, and sheep; and companion animals comprising dogs, cats, and horses.
