Zoetis (ZTS) Revenue — Quarter Ended Jun 30, 2024
Revenue rose in the latest quarter compared to the prior period. The increase was driven by higher reported revenue from the same period one year earlier.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue rose in the latest quarter compared to the prior period. The increase was driven by higher reported revenue from the same period one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.4B
Revenue reported for this quarter.
Quarter-over-quarter
+7.8%
Change from the immediately preceding quarter.
Year-over-year
+8.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.9B
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 |
|---|---|---|
| Sep 30, 2023 | $2.2B | +7.4% |
| Dec 31, 2023 | $2.2B | +8.5% |
| Mar 31, 2024 | $2.2B | +9.5% |
| Jun 30, 2024 | $2.4B | +8.3% |
Revenue performance
Revenue for the quarter was higher than both the immediately preceding quarter and the same quarter of the prior year.
Quarterly comparison
Compared with the prior quarter, revenue improved. Versus the same quarter a year ago, revenue also showed an increase.
What to watch
The filing context mentions higher net sales contributing to an increase in accounts receivable.