Zoetis Q4 Beats Estimates, But Guidance Hammers Stock

By | February 11, 2014

Scalper1 News

Animal-health company Zoetis (ZTS) early Tuesday beat analysts’ Q4 estimates but guided 2014 below consensus, sending shares down in early trading Tuesday. Zoetis said sales rose 7% over the year-earlier quarter to $1.25 billion, vs. analyst consensus of $1.21 billion. Adjusted net income was 36 cents a share, beating estimates by 2 cents. The company did not offer a year-ago comparison for the latter, likely because it was then still part of Scalper1 News

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