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Zoetis Shares Rise 3% After Earnings Beat and Upbeat 2026 Outlook
Financial Modeling Prep· 2026-02-12 22:53
Core Viewpoint - Zoetis reported strong fourth-quarter results that exceeded expectations, leading to a positive outlook for fiscal 2026, which has boosted investor sentiment [1][2] Financial Performance - The company achieved adjusted earnings per share (EPS) of $1.48 for the fourth quarter, surpassing analyst estimates of $1.40, driven by stronger-than-expected revenue and gross margins [1] - For fiscal 2026, Zoetis projected adjusted EPS in the range of $7.00 to $7.10, with the midpoint exceeding Wall Street's consensus estimate of $6.80 [2] Revenue Outlook - Revenue for 2026 is expected to be between $9.825 billion and $10.025 billion, modestly exceeding the consensus projection of $9.914 billion [2] Investor Sentiment - The solid quarterly performance and forward guidance have positively influenced investor sentiment, despite some analysts raising concerns about the composition of the earnings beat [2]