Quarterly guidance

Quarterly guidance
No quarterly guidance was given.

Annual guidance

Revenue
$9.22 billion to $9.32 billion, representing an organic operational decline of negative 2% to negative 1%.
Adjusted Net Income
$2.6 billion to $2.64 billion, representing an organic operational decline of negative 7% to negative 5%.
Adjusted Diluted EPS
$6.25 to $6.35.

Outlook

Macro environment
Zoetis plans prudently for 2027 without assuming improvements in the macro environment or pet owner spending trends.
Competitive dynamics
The company expects existing competitive pressures in companion animals to remain a factor throughout most of 2027.
Innovation pipeline
New product launches in 2027 will have limited initial revenue contribution, with impacts building later in the year and into 2028.
Cost discipline
Management will continue focusing on cost and productivity programs while funding key R&D initiatives for long-term success.