ZOETIS INC. - ZTS STOCK NEWS

Zoetis Inc (NYSE:ZTS) will host a webcast on November 4, 2021, at 8:30 a.m. ET to discuss its third quarter 2021 financial results. CEO Kristin Peck and CFO Wetteny Joseph will present the results and address questions from analysts. Interested parties can access the live webcast on the Zoetis investor relations website. A replay will be available after the event. Zoetis generated $6.7 billion in revenue in 2020 and has a strong portfolio of animal health products.

Zoetis has been recognized for the eighth consecutive year as one of Seramount’s 100 Best Companies, underscoring its commitment to family-friendly benefits and flexible work arrangements. Notably, Kristy Earley-Murray was named Working Mother of the Year, and Chip Dorsey is the first recipient of Working Father of the Year. These honors highlight Zoetis' dedication to supporting working parents, particularly during the ongoing challenges posed by the COVID-19 pandemic, as stated by Executive VP Roxanne Lagano.

Zoetis (NYSE:ZTS) will participate in the Jefferies Virtual Pet Care Summit on September 16, 2021. Executive Vice President Glenn David will represent the company during the presentation at 11:00 a.m. ET. Investors can access a live audio webcast of the presentation at investor.zoetis.com/events-presentations. A replay will be available afterward. Zoetis, a leader in animal health, generated $6.7 billion in revenue in 2020, employs approximately 11,300 individuals, and operates in over 100 countries.

Zoetis reported a strong Q2 2021, with revenue of $1.9 billion, a 26% increase year-over-year, and net income up 36% to $512 million. Adjusted net income rose 33% to $566 million ($1.19 per share). U.S. revenue grew 22%, driven by a 34% rise in companion animal products, while international sales surged 31%. The company raised its full-year guidance, projecting revenue between $7.625 billion and $7.700 billion, reflecting strong growth drivers despite expectations of modest growth in H2 2021.

Zoetis (NYSE: ZTS) announced an agreement to acquire Jurox, an animal health company known for its veterinary medicines for companion animals and livestock. This acquisition will enhance Zoetis' global expansion efforts, particularly in Australia, its fifth-largest market with $207 million in revenue in 2020. Jurox brings a valuable product portfolio, including Alfaxan®, and over 150 products aimed at animal health. The transaction, awaiting regulatory approval, is expected to close in the first half of 2022.

Zoetis is donating over 11,000 doses of its experimental COVID-19 vaccine to protect more than 100 mammalian species in nearly 70 zoos across 27 states. Authorized for use by the USDA, the vaccine aims to combat COVID-19 risks in at-risk animals, such as tigers and gorillas. The first vaccinations began at Oakland Zoo on June 30, 2021. The vaccine utilizes a unique formulation for animals, developed from Zoetis' extensive experience with other coronaviruses. This initiative reflects Zoetis' commitment to animal health and sustainability, as they monitor emerging infectious diseases.

Zoetis Inc (NYSE:ZTS) will host a webcast and conference call on Aug. 5, 2021, at 8:30 a.m. ET to discuss its second quarter 2021 financial results. CEO Kristin Peck and CFO Wetteny Joseph will present the results and answer questions from analysts. Investors can access the live webcast on the Zoetis investor site. The company, a leader in animal health, achieved $6.7 billion in revenue in 2020 and operates in over 100 countries, focusing on medicines, vaccines, and services for animal care.

Zoetis' A.L.P.H.A. initiative has significantly improved livestock health in Sub-Saharan Africa by administering 1.7 billion doses of vaccines and medicines, alongside over 650,000 diagnostic tests. Established in 2017 with a $14 million grant from the Gates Foundation, the program has trained over 13,200 individuals and established 10 serology labs. Zoetis submitted 85 veterinary products for approval and delivered 35 to the market, enhancing access to animal health services. The initiative aims to promote sustainable livestock practices, improve farmers' livelihoods, and contribute to economic development amidst challenges like COVID-19.