Zoetis forecasts 2025 profit, revenue below estimates; shares fall
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Zoetis, an animal healthcare company, has forecasted its 2025 profit and revenue below Wall Street estimates, partly due to the impact of a stronger dollar. This announcement led to a 9% drop in its shares during premarket trading.
February 13, 2025 | 2:00 pm
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Zoetis has projected its 2025 profit and revenue to be below Wall Street expectations, influenced by a stronger dollar. This has resulted in a 9% decline in its share price during premarket trading.
Zoetis's announcement of lower-than-expected profit and revenue forecasts for 2025, partly due to currency impacts, has led to a significant negative reaction in the market, with shares dropping 9% in premarket trading. This indicates a strong short-term negative impact on the stock price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100