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More on Zoetis Q4: Swings to net profit; guidance below forecasts

  • Zoetis (ZTS) swings to a net profit of $105M from a loss of $10M a year earlier.
  • The latest figure includes $75M for purchase accounting adjustments, acquisition-related costs and certain significant items.
  • Revenue breakdown: U.S. +7% to $516M; EMEA +9% to $330M; Canada/Latin America +8% to $223M; Asia/Pacific +14% to $185M.
  • Expects 2014 EPS of $1.48-1.54 vs consensus of $1.62 and revenues of $4.65-4.75B vs $4.77B. (PR)
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