Zimmer climbs after raising annual profit forecast

Zimmer Biomet Holdings

05/08/2026 12:23

** Shares of medical device maker Zimmer Biomet Holdings ZBH.N rise 2.9% to $98.56 premarket
** Co expects annual profit per share between $8.47 to $8.59, above previous expectation of $8.40 to $8.55
** ZBH reports Q2 adj. profit of $2.07/shr vs analysts' average estimate of $2.01/shr, according to LSEG data
** Co's Q2 revenue of $2.18 billion beats analysts' average expectation of $2.13 billion on strength in its hips business
** Up to last close, stock up 6.6% YTD

 (Reporting by Christy Santhosh)
 ((Christy.Santhosh@thomsonreuters.com))