Zoetis Inc Q2 2023 Earnings Call Summary - Thomson StreetEvents

Zoetis Inc Q2 2023 Earnings Call Summary

Zoetis Inc Q2 2023 Earnings Call Summary - Thomson StreetEvents
Zoetis Inc Q2 2023 Earnings Call Summary
Published Aug 08, 2023
14 pages (9023 words) — Published Aug 08, 2023
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About This Report

  
Abstract:

Edited Brief of ZTS.N earnings conference call or presentation 8-Aug-23 12:30pm GMT

  
Brief Excerpt:

...A. Today, we reported strong second quarter results of 9% operational growth in revenue and 12% operational growth in adjusted net income based on our diverse portfolio across markets and species. B. As expected, we returned to a more balanced segment growth this quarter with 11% operational growth internationally and 7% growth in the U.S. C. Our companion animal portfolio grew 11% operationally, driven by our major franchises in dermatology, osteoarthritis pain and pet parasiticides. D. The second quarter results and drivers were more in line with our performance trends in recent years with innovations and strength in our companion animal portfolio leading the way. E. Meanwhile, our livestock portfolio grew 4% operationally in the second quarter, driven by sales of poultry, cattle and fish products, and continue to demonstrate the benefits of our diversified portfolio across species and geographies with a strong first half. F. We have grown revenue 6% operationally in the first half, driven...

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Zoetis Inc
Ticker
ZTS.N
Time
12:30pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Brandon Vazquez - William Blair & Company L.L.C., Research Division - Analyst : Just first on EPS and guidance. I just wanted to clarify the beat was pretty strong in the quarter, I think about [$0.09] relative to (inaudible) . EPS at the midpoint for guidance came up 3 points and just clarify, is that entirely the delta between those two is that entirely FX? Or is there anything else there we should be keeping in mind? And then as we think of the rest of the year kind of following up on that guidance, I think you said 4% pricing in the quarter. Can you just remind us when some of these pricing increases REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. AUGUST 08, 2023 / 12:30PM, ZTS.N - Q2 2023 Zoetis Inc Earnings Call came in, does the benefit of pricing kind of slow down in the back half? And does that imply any improvements in volume and guidance?

Table Of Contents

Zoetis Inc at William Blair Growth Stock Conference Summary – 2024-06-04 – US$ 54.00 – Edited Brief of ZTS.N presentation 4-Jun-24 7:40pm GMT

Zoetis Inc Q3 2023 Earnings Call Summary – 2023-11-02 – US$ 54.00 – Edited Brief of ZTS.N earnings conference call or presentation 2-Nov-23 12:30pm GMT

Zoetis Inc Q3 2023 Earnings Call Transcript – 2023-11-02 – US$ 54.00 – Edited Transcript of ZTS.N earnings conference call or presentation 2-Nov-23 12:30pm GMT

Zoetis Inc at Morgan Stanley Global Healthcare Conference Transcript – 2023-09-12 – US$ 54.00 – Edited Transcript of ZTS.N presentation 12-Sep-23 4:55pm GMT

Zoetis Inc Q2 2023 Earnings Call Transcript – 2023-08-08 – US$ 54.00 – Edited Transcript of ZTS.N earnings conference call or presentation 8-Aug-23 12:30pm GMT

Zoetis Inc at Stifel Jaws & Paws Conference (Virtual) Summary – 2023-05-31 – US$ 54.00 – Edited Brief of ZTS.N presentation 31-May-23 7:35pm GMT

Zoetis Inc at Stifel Jaws & Paws Conference (Virtual) Transcript – 2023-05-31 – US$ 54.00 – Edited Transcript of ZTS.N presentation 31-May-23 7:35pm GMT

Zoetis Inc Investor Day Transcript – 2023-05-25 – US$ 54.00 – Edited Transcript of ZTS.N corporate analyst meeting</ 25-May-23 1:00pm GMT

Zoetis Inc Q1 2023 Earnings Call Summary – 2023-05-04 – US$ 54.00 – Edited Brief of ZTS.N earnings conference call or presentation 4-May-23 12:30pm GMT

Zoetis Inc Q1 2023 Earnings Call Transcript – 2023-05-04 – US$ 54.00 – Edited Transcript of ZTS.N earnings conference call or presentation 4-May-23 12:30pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Zoetis Inc Q2 2023 Earnings Call Summary" Aug 08, 2023. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2023-Zoetis-Inc-Earnings-Call-B15649361>
  
APA:
Thomson StreetEvents. (2023). Zoetis Inc Q2 2023 Earnings Call Summary Aug 08, 2023. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2023-Zoetis-Inc-Earnings-Call-B15649361>
  
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