By Allison Prang
Zoetis Inc. raised its outlook for revenue and earnings outlook for the full year.
The company Thursday said it now expects earnings to be between $3.38 and $3.45 a share. It had been expecting between $3.14 and $3.32 a share.
The company now expects adjusted earnings to be between $3.76 a share and $3.81 a share. It previously was expecting between $3.52 and $3.68 a share.
According to FactSet, analysts are expecting $3.64 a share.
For revenue, Zoetis is expecting between $6.55 billion and $6.625 billion, up from its earlier estimates of between $6.3 billion and $6.475 billion. Analysts are expecting $6.41 billion.
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(END) Dow Jones Newswires
November 05, 2020 07:41 ET (12:41 GMT)Copyright (c) 2020 Dow Jones & Company, Inc.