NYSE$ZTS
Zoetis · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Zoetis reported a revenue increase of 4% and a net income of $461 million for Q4 2022.
Zoetis Q4 2022 earnings report shows a 4% increase in revenue, reaching $2.0 billion, and a net income of $461 million, or $0.99 per diluted share. Adjusted net income was $539 million, or $1.15 per diluted share. The company's operational growth in revenue was 9%, and adjusted net income grew by 27%.
- Revenue increased by 4% to $2.0 billion, with operational growth of 9%.
- Net income rose by 11% to $461 million, or $0.99 per diluted share.
- Adjusted net income increased by 14% to $539 million, or $1.15 per diluted share.
- Full year 2023 revenue guidance provided, expecting operational growth of 6% to 8%.
Headline financials
Revenue & EPS history
Zoetis · Revenue · Quarterly
$2.04B
Revenue by segment
Zoetis · $2.04B total across 3 segments · Q4 2022
- Companion Animal$1.3B+10.2%63.9%
- Livestock$710M-6.6%34.8%
- Contract Mfg & Human Health$27M+8.0%1.3%
Forward guidance
Zoetis is providing full year 2023 guidance, which includes revenue between $8.575 billion to $8.725 billion (operational growth of 6% to 8%), Reported diluted EPS between $5.03 to $5.14 and Adjusted diluted EPS between $5.34 to $5.44.
Tailwinds
- Revenue between $8.575 billion to $8.725 billion
- Operational growth of 6% to 8%
- Adjusted cost of sales as a percentage of revenue 29.5% to 30.0%
- Adjusted SG&A expenses $2,060 to $2,100 million
- Adjusted R&D expenses $635 to $660 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2022
+0.4%
Avg return
Earnings day
-0.6%
Avg return
5 days after
+0.5%
Avg return
30 days after
55%
32 / 58 earnings
Positive
+8.1%
Q4 2018
Best reaction
-13.7%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.2% | -30.9% | -28.5% | |
| Q4 2025 | -2.4% | -2.4% | -10.1% | |
| Q3 2025 | -13.7% | -16.7% | -16.6% | |
| Q2 2025 | -3.7% | -2.9% | +0.9% | |
| Q1 2025 | -5.3% | +0.8% | +6.7% | |
| Q4 2024 | -5.1% | -10.0% | -7.3% | |
| Q3 2024 | -3.7% | -2.8% | -3.6% | |
| Q2 2024 | +5.7% | +6.0% | +6.7% | |
| Q1 2024 | +5.4% | +6.3% | +7.0% | |
| Q4 2023 | -6.4% | -4.2% | -11.6% | |
| Q3 2023 | +7.1% | +10.4% | +18.3% | |
| Q2 2023 | +4.8% | +5.6% | +3.9% | |
| Q1 2023 | +4.8% | +3.7% | -3.3% | |
| Q4 2022 | +7.3% | +5.4% | +1.9% | |
| Q3 2022 | -9.3% | -7.6% | +6.8% | |
| Q2 2022 | -3.1% | -5.9% | -12.9% | |
| Q1 2022 | -4.3% | -8.0% | -4.4% | |
| Q4 2021 | -0.7% | -2.6% | -1.4% | |
| Q3 2021 | +2.7% | +4.3% | +5.8% | |
| Q2 2021 | -1.4% | -2.9% | +2.4% | |
| Q1 2021 | -1.3% | -2.1% | +0.8% | |
| Q4 2020 | +1.3% | -4.0% | -8.6% | |
| Q3 2020 | -2.9% | -6.8% | -9.4% | |
| Q2 2020 | +0.7% | -0.5% | -0.3% | |
| Q1 2020 | -5.4% | -3.7% | +7.4% | |
| Q4 2019 | +0.8% | +0.5% | -12.2% | |
| Q3 2019 | -3.0% | -3.5% | +0.2% | |
| Q2 2019 | +7.4% | +11.1% | +13.8% | |
| Q1 2019 | +1.9% | -0.4% | -0.7% | |
| Q4 2018 | +8.1% | +7.5% | +9.8% | |
| Q3 2018 | +2.9% | +2.9% | +4.1% | |
| Q2 2018 | +6.5% | +7.5% | +5.3% | |
| Q1 2018 | -3.6% | -1.5% | +2.4% | |
| Q4 2017 | +7.1% | +7.9% | +13.6% | |
| Q3 2017 | +6.5% | +6.1% | +12.1% | |
| Q2 2017 | -1.6% | -3.4% | +4.9% | |
| Q1 2017 | +7.0% | +6.9% | +12.4% | |
| Q4 2016 | -4.8% | -3.0% | -2.1% | |
| Q3 2016 | +3.6% | +5.8% | +3.9% | |
| Q2 2016 | +3.4% | +2.2% | +3.1% | |
| Q1 2016 | +0.2% | — | — | |
| Q4 2015 | +3.4% | — | — | |
| Q3 2015 | +5.2% | — | — | |
| Q2 2015 | +0.3% | — | — | |
| Q1 2015 | -0.2% | — | — | |
| Q4 2014 | +4.3% | — | — | |
| Q3 2014 | +4.1% | — | — | |
| Q2 2014 | -2.8% | — | — | |
| Q1 2014 | +0.4% | — | — | |
| Q4 2011 | +0.1% | — | — | |
| Q4 2013 | -3.7% | — | — | |
| Q3 2012 | -0.5% | — | — | |
| Q3 2013 | -2.1% | — | — | |
| Q2 2012 | -1.4% | — | — | |
| Q2 2013 | -0.0% | — | — | |
| Q1 2012 | +0.9% | — | — | |
| Q4 2012 | +0.9% | — | — | |
| Q1 2013 | +2.2% | — | — | |
| Q3 2011 | — | — | — | |
| Q2 2011 | — | — | — | |
| Q1 2011 | — | — | — |
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