Uncovering Potential: ZimVie's Earnings Preview
Portfolio Pulse from Benzinga Insights
ZimVie (NASDAQ:ZIMV) is set to release its quarterly earnings report on October 30, 2024. Analysts estimate an EPS of $0.07. The company previously missed EPS estimates, leading to a significant share price drop. Despite past performance, analysts maintain a 'Buy' rating with a price target of $23.0, indicating a potential upside. ZimVie faces challenges in revenue growth compared to peers but shows strong net margin and ROE.
October 29, 2024 | 7:01 pm
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ZimVie is expected to announce its quarterly earnings with an estimated EPS of $0.07. The company has a 'Buy' rating and a price target of $23.0, suggesting a potential 64.52% upside. Past performance showed a significant share price drop after missing EPS estimates.
ZimVie's upcoming earnings report is highly anticipated, with analysts expecting an EPS of $0.07. The company's past performance showed a significant share price drop after missing estimates, but the current 'Buy' rating and price target suggest optimism. The potential upside of 64.52% indicates positive market sentiment, which could drive the stock price up if the company meets or exceeds expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100