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Contraction in Earnings while Revenues grew at the Zoetis Inc in the third quarter of 2022

Zoetis Inc recorded third quarter of 2022 operating income of $717 millions


Published Mar 24 2023
Goran Soko / CSIMarket.com Contributer


Autosample_takes_a_By_Hey_Paul_(originally_posted_to_Flickr_as_image4)_[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_CommonsRevenue improvement of 0.603 %, could not prevent income decline of -2.59 % in the third quarter of 2022 financial report, in proportion to same quarter a year before. Revenues were at $2.00 billions and eps at $1.13.

In comparison to the previous quarter income improved by 0.89 % from $1.12 per share and Revenue decreased by -2.437 % from $2.05 billions.


Net profits of $528.000 millions in the fiscal span ending September 30 2022 fell by -4.35 % from $552.000 millions in the corresponding period a year before. Zoetis Inc shifted it's focus on improving sales in the fiscal span ending September 30 2022, as a result net margin eased to 26.37%.
Operating earnings, fell -0.28% to $717 millions, squeezing Zoetis Inc 's operating margin to 35.81%, from 36.13% in the third quarter of 2021.

Zoetis Inc is expected to report next financial earnings on May 04, 2023.



Zoetis Inc's Inventory Turnover Ratio

Zoetis Inc's Operating Margin



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