Zoetis raises FY guidance after 8% revenue increase to $2.36bn in Q2, beating analyst expectations.

Zoetis, a veterinary drug maker, raised its full-year guidance following strong sales in its companion animal portfolio. The company reported a 8% revenue increase to $2.36bn and net income of $624m for Q2, up from $671m in the same period last year. Adjusted earnings were $1.56 per share, surpassing analyst expectations. The company anticipates full-year earnings per share between $5.35 and $5.45 and revenue between $9.1bn and $9.25bn.

August 06, 2024
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