Zoetis (ZTS) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter rose compared to the same period a year earlier, marking continued year-over-year growth. However, it edged down from the immediately preceding quarter, indicating a modest sequential decline.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter rose compared to the same period a year earlier, marking continued year-over-year growth. However, it edged down from the immediately preceding quarter, indicating a modest sequential decline.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.2B
Revenue reported for this quarter.
Quarter-over-quarter
-1.0%
Change from the immediately preceding quarter.
Year-over-year
+9.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.7B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $2.2B | +6.2% |
| Sep 30, 2023 | $2.2B | +7.4% |
| Dec 31, 2023 | $2.2B | +8.5% |
| Mar 31, 2024 | $2.2B | +9.5% |
Revenue performance
Revenue increased from the prior-year quarter, driven by the company's ongoing performance. The sequential comparison shows a slight contraction from the previous quarter.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was higher. Versus the immediately preceding quarter, revenue was lower.
What to watch
The slight sequential decline after a period of year-over-year gains warrants attention.