Zoetis Increases Fiscal Year Outlook
November 05 2020 - 7:56AM
Dow Jones News
By Allison Prang
Zoetis Inc. raised its outlook for revenue and earnings outlook
for the full year.
The company Thursday said it now expects earnings to be between
$3.38 and $3.45 a share. It had been expecting between $3.14 and
$3.32 a share.
The company now expects adjusted earnings to be between $3.76 a
share and $3.81 a share. It previously was expecting between $3.52
and $3.68 a share.
According to FactSet, analysts are expecting $3.64 a share.
For revenue, Zoetis is expecting between $6.55 billion and
$6.625 billion, up from its earlier estimates of between $6.3
billion and $6.475 billion. Analysts are expecting $6.41
billion.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
November 05, 2020 07:41 ET (12:41 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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