Core Insights - Wall Street analysts expect Zoetis (ZTS) to report quarterly earnings of $1.40 per share, reflecting a year-over-year increase of 1.5% [1] - Revenues are anticipated to be $2.19 billion, unchanged from the same quarter last year [1] - The consensus EPS estimate has been revised 0.2% lower over the last 30 days, indicating a reevaluation of initial estimates by analysts [1] Revenue Estimates - 'Revenues- Contract Manufacturing & Human Health' are projected to reach $19.16 million, a decrease of 4.2% from the prior-year quarter [4] - 'Revenues- Companion Animal' are expected to be $1.54 billion, showing an increase of 6.3% year over year [4] - 'Revenues- Livestock' are estimated at $631.41 million, indicating a decline of 12.3% compared to the previous year [4] Livestock Revenue Breakdown - 'Revenues- Livestock - Cattle' are forecasted at $324.74 million, reflecting a decrease of 17% from the prior-year quarter [5] - 'Revenues- Livestock - Swine' are expected to reach $128.40 million, suggesting a slight increase of 1.1% year over year [5] - 'Revenues- Livestock - Poultry' are projected to be $142.19 million, indicating a year-over-year increase of 2.3% [5] Geographic Revenue Estimates - 'Geographic Revenues- U.S.' are estimated at $1.19 billion, reflecting a year-over-year increase of 2% [6] - 'Geographic Revenues- International Revenue' are expected to be $987.35 million, indicating a decrease of 2% year over year [6] - 'Geographic Revenues- International - Livestock' are projected at $402.51 million, reflecting a decline of 11.5% from the prior-year quarter [6] Companion Animal Revenue Insights - 'Geographic Revenues- International - Companion Animal' are expected to reach $587.13 million, indicating a year-over-year increase of 6.4% [7] - 'Geographic Revenues- U.S.- Livestock' are projected at $225.66 million, suggesting a decrease of 14.8% year over year [7] - 'Geographic Revenues- U.S.- Companion Animal' are estimated at $955.61 million, reflecting a year-over-year increase of 6.4% [8] Stock Performance - Shares of Zoetis have decreased by 4.3% in the past month, compared to a 0.7% decline in the Zacks S&P 500 composite [8] - With a Zacks Rank 3 (Hold), Zoetis is expected to mirror the overall market performance in the near future [8]
Zoetis (ZTS) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates