Zoetis beats by $0.01, reports revs in-line; slightly lowers FY17 EPS and revenue guidance, in-line
- Reports Q4 (Dec) earnings of $0.47 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus of $0.46; revenues rose 0.2% year/year to $1.28 bln vs the $1.27 bln Capital IQ Consensus.
- Co lowers guidance for FY17, sees EPS of $2.26-2.36, excluding non-recurring items, vs. $2.33 Capital IQ Consensus Estimate, from $2.28-2.38; sees FY17 revs of $5.10-5.23 bln vs. $5.18 bln Capital IQ Consensus Estimate, from $5.15-5.28 bln.