Zoetis Q3 2022 revenue $2.0B (+1%), net income $529M; cuts FY 2022 guidance

Zoetis Inc.

2022-Q3 EPS reported $3.51 revenue$6,040,000,000

Revenue $2.0B, +1% reported (+5% operational); net income $529M ($1.13 diluted EPS), down 4% and 3%.
Adjusted net income $566M, adjusted diluted EPS $1.21, down 5% reported but +2% operational.
FY 2022 guidance lowered: revenue $8.0-8.075B, diluted EPS $4.51-4.59 reported, $4.83-4.90 adjusted.
U.S. segment revenue $1.09B (+2%); International $889M (-2% reported, +8% operational).
Guidance cut due to supply constraints, veterinary workforce challenges, and negative FX impact.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Zoetis Inc. reported third quarter of 2022 results: revenue $2.0 Billion, net income $529 Million, or $1.13 per Diluted Share. Guidance lowered.

Period: third quarter of 2022
Revenue: $2.0 Billion
Net income: $529 Million, or $1.13 per Diluted Share
Guidance: lowered
Result: reported results

Exact text from the filing

Zoetis Announces Third Quarter 2022 Results • Reports Revenue of $2.0 Billion, Growing 1%, and Net Income of $529 Million, or $1.13 per Diluted Share, Decreasing 4% and 3%, Respectively, on a Reported Basis for Third Quarter 2022

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Source: SEC EDGAR

accession 0001555280-22-000274

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