Zoetis falls as 2025 profit, revenue forecast miss estimates

Zoetis

13/02/2025 15:53

(Updates)
    ** Shares of animal healthcare company Zoetis  ZTS.N  fall
10.06% to $156.39; the biggest percentage drop in over two years
    ** Company forecasts 2025 adj. profit per share to be
between $6.00 and $6.10, below analysts' estimates of $6.29 per
share, according to data compiled by LSEG
    ** Zoetis expects annual revenue to be between $9.23 billion
and $9.38 billion, vs est. of $9.57 billion
    ** Though the miss can be largely attributed to a stronger
dollar and the divestiture of Zoetis' medicated feed additive
product portfolio, it had not being accurately captured in many
analyst models - brokerage William Blair
        ** Company reports Q4 adj. profit of $1.40 vs est. of
$1.34
    ** Up to last close, stock down about 12% in the last 12
months

 (Reporting by Sriparna Roy in Bengaluru)
 ((Sriparna.Roy@thomsonreuters.com;))