Zimmer Biomet Q3 2024 Adj. EPS $1.74, Inline, Sales $1.824B Beat $1.795B Estimate
Portfolio Pulse from Benzinga Newsdesk
Zimmer Biomet Holdings reported Q3 2024 earnings per share of $1.74, meeting analyst expectations, and sales of $1.824 billion, surpassing estimates. This represents a year-over-year increase in earnings and sales.

October 30, 2024 | 10:31 am
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Zimmer Biomet's Q3 2024 earnings per share of $1.74 met expectations, while sales of $1.824 billion exceeded estimates, indicating positive financial performance.
Zimmer Biomet's earnings per share met analyst expectations, which is neutral, but the sales beat indicates stronger than expected revenue performance. The year-over-year growth in both earnings and sales suggests a positive outlook, likely leading to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100