PARSIPPANY, N.J. (AP) _ Zoetis Inc. (ZTS) on Thursday reported third-quarter earnings of $552 million.

The Parsippany, New Jersey-based company said it had profit of $1.16 per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, came to $1.25 per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.

The animal health company posted revenue of $1.99 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $1.94 billion.

Zoetis expects full-year earnings in the range of $4.62 to $4.67 per share, with revenue in the range of $7.7 billion to $7.75 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZTS at https://www.zacks.com/ap/ZTS

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