Investing.com - Zoetis Inc (NYSE:ZTS) reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.9 on revenue of $1.55B. Analysts polled by Investing.com forecast EPS of $0.82 on revenue of $1.52B. That compared to EPS of $0.77 on revenue of $1.42B in the same period a year earlier. The company had reported EPS of $0.88 on revenue of $1.46B in the previous quarter.
For the year, Zoetis Inc shares are up 31.63%, outperforming the S&P 500 which is up 14.85% year to date.
Zoetis Inc follows other major Healthcare sector earnings this month
On Tuesday, July 16, 2019, J&J reported second quarter EPS of $2.58 on revenue of $20.56B, compared to forecasts of EPS of $2.46 on revenue of $20.29B.
Merck&Co earnings beat analyst's expectations on Tuesday, July 30, 2019, with second quarter EPS of $1.3 on revenue of $11.76B. Investing.com analysts expected EPS of $1.16 on revenue of $10.96B
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