Zoetis 2Q Profit, Revenue Rise
August 05 2021 - 7:42AM
Dow Jones News
By Dave Sebastian
Zoetis Inc. said its profit and revenue rose for the second
quarter, driven by its petcare parasiticides, key dermatology
products, vaccines and diagnostics.
The animal-health company on Thursday posted net income
attributable to the company of $512 million, compared with $377
million in the prior year. Earnings were $1.07 a share, compared
with 79 cents a share in the year-ago period.
Adjusted earnings were $1.19 a share. Analysts polled by FactSet
were expecting $1.09 a share.
Revenue rose 26% to $1.95 billion. Analysts were looking for
$1.83 billion.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
August 05, 2021 07:37 ET (11:37 GMT)
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