ZimVie Inc reports results for the quarter ended in December - Earnings Summary

Zimvie

01/03/2023 22:42

* ZimVie Inc  ZIMV.OQ  reported quarterly adjusted earnings
of 16
cents​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for earnings of
21 cents per share.
    * Revenue was $228.16 million​; analysts expected $237.00
million. 
    * ZimVie Inc's reported EPS for the quarter was a loss of
$1.16​.
    * The mean earnings estimate of analysts had fallen by
about 25%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * ZimVie Inc shares had risen by 21.8% this quarter.
    * The company reported a quarterly loss of $30.34 million.
    * Wall Street's median 12-month price target for ZimVie Inc
is
$9.00 
    * 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." 

This summary was machine generated from Refinitiv data March 1
at 10:42 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.21           0.16           Missed
 Sep. 30 2022      0.27           0.49           Beat
 Jun. 30 2022      0.51           0.67           Beat