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Zoetis cuts full-year guidance, shares plunge 21.5% on weak Q1 and lower revenue outlook

Market News
13 May 2026
PRNewsWire
View Source
Bearish
pluang ai news

Zoetis Inc. reported Q1 2026 results that missed Wall Street expectations due to weaker U.S. pet sales and rising competition, leading to a 21.5% stock drop. The company also lowered its full-year revenue growth forecast from 3-5% to a lower range, citing soft U.S. demand and economic challenges. This sharp guidance cut surprised investors who had expected steady growth based on prior statements. The stock decline erased significant shareholder value and triggered a securities investigation into potentially misleading revenue outlook statements.

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