Zimmer Biomet, InMode And The World's Largest Investment Firm: CNBC's 'Final Trades'
Portfolio Pulse from Lisa Levin
CNBC's 'Halftime Report Final Trades' featured Zimmer Biomet, InMode, and BlackRock. Zimmer Biomet reported better-than-expected Q1 adjusted EPS, while BlackRock plans to raise up to $7 billion for its fourth Global Renewable Power Fund. InMode reported a Q1 earnings beat but lagged in annual outlook.
June 15, 2023 | 12:26 pm
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POSITIVE IMPACT
BlackRock plans to raise up to $7 billion for its fourth Global Renewable Power Fund.
BlackRock's plan to raise a significant amount for its renewable power fund may have a positive short-term impact on its stock price, as it demonstrates the company's commitment to sustainable investments and growth.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Zimmer Biomet reported better-than-expected Q1 adjusted EPS of $1.89, compared to the consensus estimate of $1.64.
Zimmer Biomet's better-than-expected Q1 earnings may lead to a positive short-term impact on its stock price, as investors may view the company's financial performance as a sign of strength.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
InMode reported a Q1 earnings beat but lagged in annual outlook.
InMode's mixed Q1 earnings report, with a beat on earnings but a lagging annual outlook, may result in a neutral short-term impact on its stock price, as investors weigh the positive and negative aspects of the company's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100