Zoetis Inc. · ZTS · Next earnings

Zoetis Inc. reports Tuesday, Nov 3, 2026

ZTS reports before market open with consensus EPS at $1.52 and revenue at $2.29B. Last quarter: Zoetis Q1: U.S. Companion Animal Slump Drives 21% Selloff; Guidance Trimmed

Reports Before market open44 days awayDate estimated Healthcare

What the street expects

Consensus for the coming report
Consensus EPS $1.52 Calendar consensus
Consensus revenue $2.29B Calendar consensus
Report date Nov 3, 2026 Tuesday, date estimated
Session Before market open 44 days away

Where ZTS left off: FY2026 Q1

Full report

Zoetis Q1: U.S. Companion Animal Slump Drives 21% Selloff; Guidance Trimmed

EPS surprise -4.4% Reported $1.53 vs $1.60
Revenue surprise -1.7% Reported $2.26B vs $2.30B
Stock move -21.5% Event window
Subsequent drift -9.0% Up to 20 sessions

FY2026 revenue growth guidance was lowered from 3%-5% to 2%-5%. Adjusted net income growth guidance was lowered from 3%-6% to 2%-6%. Both ceilings were unchanged; only the floors were reduced by one percentage point. Guidance sentiment was characterized as maintained.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Increasing price sensitivity among pet owners reducing routine veterinary visits
  • Intensified competition, including generics and new entrants in parasiticides and dermatology
  • Reduced veterinary clinic traffic and distributor inventory headwinds
  • Macroeconomic pressures affecting discretionary pet spending
  • Foreign exchange volatility impacting international results

Questions analysts left open

  • Sustainability of competitive pressure and pricing dynamics
  • Impact of distributor and retail destocking on near-term sales
  • Assumptions underlying FY2026 guidance and fiscal-year alignment effects
  • Timeline and commercialization success of pipeline products
  • Margin pressure from product mix and FX

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Recent ZTS quarters

All ZTS earnings
-21.5%FY2026 Q1

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q1

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.