earnings
confidence high
sentiment negative
materiality 0.80
Zoetis Q2 revenue flat at $2.5B; cuts FY2026 guidance on companion animal headwinds
Zoetis Inc.
- Q2 revenue flat at $2.5B; reported net income $691M ($1.65 diluted EPS); adjusted net income $781M ($1.87 adjusted EPS).
- U.S. segment revenue down 7% (companion animal -11%, livestock +23%); International up 8% reported, 6% organic.
- FY2026 revenue guidance cut to $9.12B-$9.32B (organic growth -3% to -1%); adjusted diluted EPS guidance $6.15-$6.25.
- CEO cites pressured companion animal market, price sensitivity, and heightened competition as headwinds.
- Acquired VitalRADS (teleradiology) in July to expand diagnostics capabilities.