Zoetis Reports 2nd Quarter Profit Increase of 8% in Quarterly Earnings

Zoetis Inc. [ZTS] reported a profit of $780 million for the second quarter of 2024, ending on June 30. This figure represents a slight decrease from the previous quarter's profit of $872 million.

The company, headquartered in Parsippany, N.J., reported to SEC in an 8-K filing $1.37 earnings per share in the quarter, compared to $1.45 in the previous quarter.

Zoetis, a key player in the Animal Health industry, reported revenue of $2.36 billion. This represents an 8% increase compared to the previous quarter.

In comparison to the same quarter in the previous year, Zoetis saw a revenue increase of 8%. The company also experienced an 11% decrease in profit for the current quarter compared to the same quarter of the previous year.