Zoetis Announces First Quarter 2024 Results
QUICK FACTS
Reports Revenue of $2.2 Billion, Growing 10%, and Net Income of $599 Million, or $1.31 per Diluted Share, Increasing 9% and 10%, Respectively, on a Reported Basis for First Quarter 2024
Delivers 12% Operational Growth in Revenue and 15% Operational Growth in Adjusted Net Income for First Quarter 2024
Reports Adjusted Net Income of $634 Million, or Adjusted Diluted EPS of $1.38, for First Quarter 2024
Updates Full Year 2024 Revenue Guidance to $9.050 - $9.200 Billion, with Diluted EPS of $5.34 to $5.44 on a Reported Basis, or $5.71 to $5.81 on an Adjusted Basis
Increases Full Year 2024 Operational Revenue Growth to 8.5% to 10.5% and Full-Year Operational Growth in Adjusted Net Income to 13% to 15%
Elanco Animal Health Reports First Quarter 2024 Results
Elanco's revenue was positively impacted in Q1 due to strategic product development and a proactive approach to customer needs. The ERP blackout in 2023 affected comparisons, but Elanco remains optimistic, expecting steady growth and innovation in 2024.
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