Zoetis Inc. (ZTS) is the world’s leading animal health company, driven to nurture the world and humankind by advancing care for animals. The company reported solid financial results for the third quarter of 2024, posting a record quarterly revenue of $2.39 billion, surpassing analysts’ estimate of $2.29 billion. Also, its non-GAAP EPS of $1.58 was above the consensus estimate of $1.46.
The company delivered 14% operational growth in revenue and 15% operational growth in its adjusted net income for the third quarter. Also, its revenue in the U.S. segment was up by 15% from the prior year, totaling $1.35 billion.
