Zimmer Biomet Q4 revenue slightly beats analyst expectations

Zimmer Biomet Holdings

10/02/2026 11:39

Overview

Medical technology firm's Q4 revenue slightly beat analyst expectations, adjusted EPS beat estimates

Company announced new $1.5 bln stock repurchase authorization

Company received FDA clearance for upgraded robotic knee system

Outlook

Zimmer Biomet projects 2026 reported revenue growth of 2.5% to 4.5%

Company expects 2026 adjusted diluted EPS between $8.30 and $8.45

Zimmer Biomet anticipates 2026 organic constant currency revenue growth of 1.0% to 3.0%

Result Drivers

NEW PRODUCT INNOVATION - Zimmer Biomet's revenue growth was fueled by new product innovation cycle, contributing to mid-single digit organic growth

ACQUISITIONS - Integration of three acquisitions, including Paragon 28, contributed to revenue growth

SALES ORGANIZATION TRANSITION - Transition to direct and specialized sales organization in U.S. expected to drive long-term growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Slight Beat*
$2.24 bln
$2.23 bln (24 Analysts)
Q4 Adjusted EPS
Beat
$2.42
$2.40 (25 Analysts)
Q4 EPS
$0.70
Q4 Net Income
$139.30 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy", 18 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy."

Wall Street's median 12-month price target for Zimmer Biomet Holdings Inc is $100.00, about 11.4% above its February 9 closing price of $89.73

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nPn41R51da

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)