Wall Street analysts forecast that Zoetis (ZTS Quick QuoteZTS - Free Report) will report quarterly earnings of $1.46 per share in its upcoming release, pointing to a year-over-year increase of 7.4%. It is anticipated that revenues will amount to $2.29 billion, exhibiting an increase of 6.3% compared to the year-ago quarter.

The consensus EPS estimate for the quarter has been revised 0.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.

Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.

While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.

In light of this perspective, let's dive into the average estimates of certain Zoetis metrics that are commonly tracked and forecasted by Wall Street analysts.

Analysts' assessment points toward 'Revenues- Companion Animal' reaching $1.54 billion. The estimate indicates a year-over-year change of +9.1%.

It is projected by analysts that the 'Revenues- Livestock' will reach $720.15 million. The estimate suggests a change of +0.6% year over year.

The combined assessment of analysts suggests that 'Revenues- Contract Manufacturing & Human Health' will likely reach $22.24 million. The estimate indicates a year-over-year change of +5.9%.

Analysts predict that the 'Revenues- Livestock - Cattle' will reach $388.75 million. The estimate suggests a change of +3.9% year over year.

The collective assessment of analysts points to an estimated 'Revenues- Livestock - Swine' of $131.57 million. The estimate suggests a change of +2% year over year.

Analysts forecast 'Revenues- Livestock - Poultry' to reach $133.46 million. The estimate suggests a change of +5.1% year over year.

According to the collective judgment of analysts, 'Geographic Revenues- U.S.' should come in at $1.27 billion. The estimate indicates a change of +7.9% from the prior-year quarter.

Based on the collective assessment of analysts, 'Geographic Revenues- U.S.- Livestock' should arrive at $278.22 million. The estimate points to a change of +4.6% from the year-ago quarter.

Analysts expect 'Geographic Revenues- International - Companion Animal' to come in at $545.88 million. The estimate indicates a year-over-year change of +7.9%.

The consensus among analysts is that 'Geographic Revenues- International Revenue' will reach $996.38 million. The estimate indicates a year-over-year change of +4.2%.

The consensus estimate for 'Geographic Revenues- International - Livestock' stands at $450.50 million. The estimate indicates a year-over-year change of +0.1%.

The average prediction of analysts places 'Geographic Revenues- U.S.- Companion Animal' at $988.52 million. The estimate points to a change of +8.9% from the year-ago quarter.

View all Key Company Metrics for Zoetis here>>>

Shares of Zoetis have experienced a change of -6.8% in the past month compared to the +1.8% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), ZTS is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>