ZimVie Inc expected to post earnings of 17 cents a share - Earnings Preview

Zimvie

30/07/2024 23:49

* ZimVie Inc  ZIMV.OQ   ZIMV.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 1 for the
period ending June 30 2024
    * The Westminster Colorado-based  company is expected to
report a
48.8% decrease in revenue to $115.2 million from $224.9 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for ZimVie Inc is for
earnings of
17 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"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
$20.00​, below​ its last closing price of $21.22. ​​​

This summary was machine generated July 30 at 22:48 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)