Zoetis Raises 2024 Revenue Guidance Of $9.1B-$9.25B Versus Prior Guidance Of $9.05B-$9.2B And Consensus Of $9.145B
Portfolio Pulse from Benzinga Newsdesk
Zoetis has raised its 2024 revenue guidance to a range of $9.1 billion to $9.25 billion, up from the previous range of $9.05 billion to $9.2 billion. The company attributes this increase to strong performance in the first half of the year and robust growth in the companion animal segment. Zoetis also updated its net income and EPS projections, indicating strong operational growth.
August 06, 2024 | 11:10 am
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Zoetis has raised its 2024 revenue guidance to $9.1 billion to $9.25 billion, up from the previous range of $9.05 billion to $9.2 billion. The company also updated its net income and EPS projections, reflecting strong operational growth.
The raised revenue guidance and updated net income and EPS projections indicate strong financial health and operational growth for Zoetis. This positive outlook is likely to boost investor confidence and drive the stock price up in the short term.
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