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ZBH — Zimmer Biomet Holdings News Story

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Zimmer Biomet Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

* Zimmer Biomet Holdings Inc  ZBH.N  reported quarterly
adjusted
earnings of $2.31​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of $2.20.  The mean expectation of twenty
eight analysts for the quarter was for earnings of $2.30 per
share. Wall Street expected results to range from $2.24 
to $2.34 per share.
    * Revenue rose 4.3% to $2.02 billion from a year ago;
analysts
expected $2.01 billion. 
    * Zimmer Biomet Holdings Inc's reported EPS for the quarter
was
$1.20​.
    * The company reported quarterly net income of $239.4
million.
    * Zimmer Biomet Holdings Inc shares had risen by 2.5% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 18
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "hold"

Wall Street's median 12-month price target for Zimmer Biomet
Holdings Inc is $121.50 
This summary was machine generated from LSEG data February 6 at
01:13 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      2.30           2.31           Beat
 Sep. 30 2024      1.74           1.74           Met
 Jun. 30 2024      1.99           2.01           Beat
 Mar. 31 2024      1.87           1.94           Beat

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