Investing.com - Zoetis Inc (NYSE:ZTS) reported third quarter earnings that beat analysts' expectations on Thursday and revenue that was inline with forecasts.
The firm reported earnings per share of $0.94 on revenue of $1.58B. Analysts polled by Investing.com forecast EPS of $0.88 on revenue of $1.58B. That compared to EPS of $0.83 on revenue of $1.48B in the same period a year earlier. The company had reported EPS of $0.9 on revenue of $1.55B in the previous quarter.
For the year, Zoetis Inc shares are up 42%, outperforming the S&P 500 which is up 24.22% year to date.
Zoetis Inc follows other major Healthcare sector earnings this month
On Tuesday, October 15, 2019, J&J reported third quarter EPS of $2.12 on revenue of $20.73B, compared to forecasts of EPS of $2.01 on revenue of $20.08B.
Merck&Co earnings beat analyst's expectations on Tuesday, October 29, 2019, with third quarter EPS of $1.51 on revenue of $12.4B. Investing.com analysts expected EPS of $1.24 on revenue of $11.64B
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