Zoetis (NYSE:ZTS) reported its Q2 earnings results on Thursday, August 4, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Zoetis missed estimated earnings by 1.64%, reporting an EPS of $1.2 versus an estimate of $1.22.

Revenue was up $104.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 1.31% drop in the share price the next day.

Here's a look at Zoetis's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Zoetis management provided guidance for FY 2022, expecting earnings between $4.97 and $5.05 per share.

To track all earnings releases for Zoetis visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.