=Zoetis (ZTS) reported earnings Wed 3 Aug 2016 (b/o)

Zoetis beats by $0.05, beats on revs; raises and guides FY16 EPS and revs in-line  :

• Reports Q2 (Jun) earnings of $0.49 per share, $0.05 better than the Capital IQ Consensus of $0.44; revenues rose 2.8% year/year to $1.21 bln vs the $1.17 bln Capital IQ Consensus.
• Co issues in-line guidance for FY16, sees EPS of $1.86-1.93 vs. $1.87 Capital IQ Consensus Estimate and above prior guidance of $1.83-1.90; sees FY16 revs of $4.8-4.9 bln vs. $4.85 bln Capital IQ Consensus Estimate and above prior guidance of $4.775-4.875 bln