secwatch.observer — SEC 8-K summary
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Issuer:     Zoetis Inc. (ZTS)
CIK:        0001555280
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001555280-23-000148
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zoetis Q1 revenue $2.0B (+1% reported, +4% operational); adj. EPS $1.31, down 1% operationally
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- Reported net income $552M ($1.19 diluted EPS), down 7% and 6% YoY respectively.
- Adjusted net income $607M ($1.31 diluted EPS); adjusted diluted EPS down 1% operationally.
- International segment revenue grew 10% operationally; U.S. segment revenue declined 1%.
- Full-year 2023 guidance maintained: revenue $8.575-8.725B, adj. diluted EPS $5.34-5.44.
- U.S. companion animal sales fell 7% due to distributor de-stocking; livestock sales up 15%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1555280/000155528023000148/0001555280-23-000148-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1555280/000155528023000148/zts-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001555280-23-000148

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer