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Dec 31, 2022
Zoetis Q4 2022 Earnings Report
Zoetis reported a revenue increase of 4% and a net income of $461 million for Q4 2022.
Key Takeaways
Zoetis Q4 2022 earnings report shows a 4% increase in revenue, reaching $2.0 billion, and a net income of $461 million, or $0.99 per diluted share. Adjusted net income was $539 million, or $1.15 per diluted share. The company's operational growth in revenue was 9%, and adjusted net income grew by 27%.
Revenue increased by 4% to $2.0 billion, with operational growth of 9%.
Net income rose by 11% to $461 million, or $0.99 per diluted share.
Adjusted net income increased by 14% to $539 million, or $1.15 per diluted share.
Full year 2023 revenue guidance provided, expecting operational growth of 6% to 8%.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Zoetis is providing full year 2023 guidance, which includes revenue between $8.575 billion to $8.725 billion (operational growth of 6% to 8%), Reported diluted EPS between $5.03 to $5.14 and Adjusted diluted EPS between $5.34 to $5.44.
Positive Outlook
- Revenue between $8.575 billion to $8.725 billion
- Operational growth of 6% to 8%
- Adjusted cost of sales as a percentage of revenue 29.5% to 30.0%
- Adjusted SG&A expenses $2,060 to $2,100 million
- Adjusted R&D expenses $635 to $660 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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