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Zoetis Inc. (ZTS) announced a profit for fourth quarter that fell from the same period last year.


RTTNews | Feb 16, 2021 07:44AM EST

07:43 Tuesday, February 16, 2021 (RTTNews.com) - Zoetis Inc. (ZTS) announced a profit for fourth quarter that fell from the same period last year.

The company's bottom line came in at $359 million, or $0.75 per share. This compares with $384 million, or $0.80 per share, in last year's fourth quarter.

Excluding items, Zoetis Inc. reported adjusted earnings of $438 million or $0.91 per share for the period.

Analysts had expected the company to earn $0.87 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.4% to $1.81 billion from $1.67 billion last year.

Zoetis Inc. earnings at a glance:

-Earnings (Q4): $438 Mln. vs. $440 Mln. last year.-EPS (Q4): $0.91 vs. $0.92 last year.-Analysts Estimate: $0.87-Revenue (Q4): $1.81 Bln vs. $1.67 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3169949/zoetis-inc-q4-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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