A Preview Of ZimVie's Earnings
Portfolio Pulse from Benzinga Insights
ZimVie (NASDAQ:ZIMV) is scheduled to release its quarterly earnings report on February 28, 2024, with analysts predicting an EPS of $0.12. Historical data shows ZimVie's stock price reacts significantly to earnings beats and guidance, with a notable 10.55% increase after last quarter's earnings beat. Over the past year, ZIMV shares have surged 88.15%, indicating strong investor optimism. Investors are keenly awaiting the report and guidance for future growth.
February 27, 2024 | 8:01 pm
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POSITIVE IMPACT
ZimVie is anticipated to report an EPS of $0.12 for the upcoming quarter. Historical performance indicates a strong reaction in stock price to earnings beats and guidance. With a 88.15% increase in stock price over the last year, investor sentiment is positive.
Given ZimVie's history of stock price increases following earnings beats and the anticipation of positive guidance, there is a strong likelihood of a positive short-term impact on ZIMV's stock price. The 88.15% year-over-year increase in stock price further supports investor optimism.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100