Zoetis Reports Third-Quarter Revenue of $2.39B, EPS of $1.44
Revenue declined 1% year over year and net income fell 18%. Softer U.S. companion-animal demand, competition, lower net price realization and product mix weighed on results; livestock growth and favorable foreign exchange partly offset the declines.
Zoetis’ third-quarter revenue declined 1% year over year, while net income fell 18%. Softer U.S. companion-animal demand, competition, lower net price realization and product mix weighed on results; livestock growth and favorable foreign exchange partly offset the declines. Higher restructuring and…