ZimVie Inc expected to post a loss of 4 cents a share - Earnings Preview

Zimvie

07/05/2024 02:58

* ZimVie Inc  ZIMV.OQ   ZIMV.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Westminster Colorado-based  company is expected to
report a
48.5% decrease in revenue to $116.2 million from $225.43 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for ZimVie Inc is for a loss
of 4
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ZimVie Inc
is
$16.00​, above​ its last closing price of $15.82. ​​​

This summary was machine generated May 7 at 01:58 GMT.  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)