By Allison Prang 
 

Zoetis Inc. (ZTS) raised its 2019 guidance for earnings and narrowed its guidance for revenue.

The company said it expects adjusted earnings to be between $3.57 a share and $3.62 a share. It was expecting between $3.53 a share and $3.60 a share. Analysts polled by FactSet are expecting $3.57 a share.

Zoetis expects GAAP earnings to be between $2.99 a share and $3.08 a share. It was expecting between $2.93 a share and $3.04 a share.

The company expects revenue to be between $6.2 billion and $6.25 billion. It was expecting between $6.175 billion and $6.275 billion. Analysts are expecting $6.24 billion.

Write to Allison Prang at allison.prang@wsj.com

 

(END) Dow Jones Newswires

November 07, 2019 07:40 ET (12:40 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Zoetis (NYSE:ZTS)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Zoetis Charts.
Zoetis (NYSE:ZTS)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Zoetis Charts.