By Kimberly Chin

 

Zoetis Inc. (ZTS) lowered some of its financial targets for the year, citing the negative impact of foreign currency exchange rates.

The animal health company expects 2019 revenue between $6.1 billion and $6.225 billion, down from its previous guidance of $6.175 billion to $6.3 billion.

It expects full-year earnings between $2.79 and $2.93 a share, lower than its previous guidance of $2.83 to $2.99 share. Zoetis made no changes to its adjusted earnings guidance of $3.42 to $3.52 a share.

 

Write to Kimberly Chin at kimberly.chin@wsj.com

 

(END) Dow Jones Newswires

May 02, 2019 07:56 ET (11:56 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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