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

Zimvie

04/05/2023 01:30

* ZimVie Inc  ZIMV.OQ  reported quarterly adjusted earnings
of 25
cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
6 cents per share.
    * Revenue was $225.43 million​; analysts expected $209.00
million. 
    * The mean earnings estimate of analysts had fallen by
about 82.4%
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 5.3% this quarter and
lost 18.5%
so far this year.
    * Wall Street's median 12-month price target for ZimVie Inc
is
$7.00 
    * 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 LSEG Refinitiv data May
4 at 12:30 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.06           0.25           Beat
 Dec. 31 2022      0.21           0.16           Missed
 Sep. 30 2022      0.27           0.49           Beat
 Jun. 30 2022      0.51           0.67           Beat