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Fountain Report Excerpts May 14, 2024

Elanco Animal Health reported first quarter revenue of $1.2 billion, down 4%. Pet health segment revenue of $639 million was down 5%, and farm animal segment revenue of $573 million was down 3%. Reported net income of $32 million was down 69%, reported earnings per share of 6 cents were down 71%, and adjusted EBITDA of [...]
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Fountain Report Excerpts May 8, 2024

Zoetis reported first quarter revenue of $2.2 billion, up 10% from last year’s first quarter. Net income for the quarter was $599 million, or $1.31 per diluted share, up 9% and 10% respectively on a reported basis. The company updated its 2024 financial guidance. Zoetis expects revenue in 2024 to be between $9.050 billion and [...]
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