Elanco Animal Health shares fall 1.55% after-hours despite beating Q2 revenue estimates and raising FY guidance.

Elanco Animal Health Incorporated fell 1.55% in after-hours trading. The company reported beating Q2 revenue estimates and raising FY guidance, which is typically a bullish indicator. However, the stock's decline suggests that investors may be reacting to other factors, such as broader market sentiment or concerns about future performance despite the positive earnings report.