Zoetis said revenue for Q4 2023 rose to $2.2 billion, up 8% from Q4 2022, and net income rose to $525 million ($1.14 per diluted share), up 14% and 15% respectively.

1. 01

   Zoetis said revenue for Q4 2023 rose to $2.2 billion, up 8% from Q4 2022, and net income rose to $525 million ($1.14 per diluted share), up 14% and 15% respectively.

2. 02

   The company said revenue for full-year 2023 rose to $8.5 billion, up 6% (7% on an operational basis excluding foreign exchange), net income was $2.3 billion, and adjusted net income was $2.5 billion (adjusted diluted EPS of $5.32).

3. 03

   Zoetis said U.S. segment revenue for Q4 2023 rose to $1.211 billion, up 9% from Q4 2022, while International segment revenue was $982 million, up 9% on a reported basis and 8% on an operational basis.

4. 04

   Zoetis gave full-year 2024 revenue guidance of $9.075 billion to $9.225 billion (operational growth of 7% to 9%) and adjusted diluted EPS guidance of $5.74 to $5.84, and said the outlook reflects foreign exchange rates as of late January 2024.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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