Worth Watching Stocks on the Run: Zoetis Inc (NYSE:ZTS), Costco Wholesale Corporation (NASDAQ:COST)

On Thursday, Shares of Zoetis Inc (NYSE:ZTS), added 0.18% and closed at $51.09 in the last trading session. The last trading range of the stock ranges between $50.48 and $51.48. Zoetis Inc. (ZTS) recently stated its financial results for the third quarter of 2016 and updated its guidance for full year 2016 and 2017.

The company stated revenue of $1.2 billion for the third quarter of 2016, a boost of 2% contrast with the third quarter of 2015. Net income for the third quarter of 2016 was $239 million, or $0.48 per diluted share, a boost of 26% to both on a stated basis.

Adjusted net income1 for the third quarter of 2016 was $258 million, or $0.52 per diluted share, a boost of 2% and 4%, respectively. Adjusted net income for the third quarter of 2016 excludes the net impact of $19 million for purchase accounting adjustments, acquisition-related costs and certain noteworthyitems.

Costco Wholesale Corporation (NASDAQ:COST), dropped -0.06% and closed at $146.70 in the last trading session. The last trading range of the stock ranges between $146.61 and $150.00. The company‚Äôs Market capitalization is $64.43 Billion with the total Outstanding Shares of 437.13 million. Costco Wholesale Corporation (“Costco” or the “Company”) ( NASDAQ : COST ) today reported net sales of $9.11 billion for the month of October, the four weeks ended October 30, 2016, an increase of four percent from $8.78 billion during the similar period last year.

For the nine weeks ended October 30, 2016, the Company reported net sales of $20.17 billion, an increase of three percent from $19.53 billion during the similar period last year.

Leave a Reply

Your email address will not be published. Required fields are marked *