Zimmer Biomet (ZBH) Q1 Earnings Beat, Margins Expand
ZBHZimmer Biomet(ZBH) Zacks Investment Research·2024-05-03 00:56

Zimmer Biomet Holdings, Inc. (ZBH) posted first-quarter 2024 adjusted earnings per share (EPS) of $1.94, exceeding the Zacks Consensus Estimate by 3.7%. The adjusted figure increased 2.6% year over year. The quarter’s adjustments included certain amortization, restructuring and other cost reduction initiatives and European Union Medical Device Regulation-related charges, among others. On a reported basis, the company registered earnings of 84 cents per share, which reflected a 24.3% decline from the year-ag ...