Zoetis Inc.
| Company Name | Zoetis Inc. |
| Stock Symbol | ZTS |
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Background
On May 7, 2026, Zoetis reported financial results for the first quarter of 2026. Among other items, Zoetis reported net income of $601 million, flat year over year, and cuts to its full year 2026 profit guidance to between $6.85 and $7 a share, down from prior guidance of $7.00 to $7.10 a share. CEO Kristin Peck said in the earnings release “the first quarter unfolded in a more challenging operating environment than we anticipated. Pet owners demonstrated increased price sensitivity, resulting in a decline in veterinary visits and softer demand[.]”
On this news, the price of Zoetis shares declined by $23.91 per share, or 21.50%, to close at $87.31 on May 7, 2026.
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