Zimmer Holdings Earnings Preview: Analyts Expect Flat Earnings, Revenue from Prior Quarter

Zimmer Holdings ZMH announces its next round of earnings this Wednesday, July 27, 2011. Get prepared with Benzinga's ultimate preview for Zimmer Holdings' second quarter earnings.

Earnings and Revenue:

Analysts are predicting an EPS reading of $1.19 per share and revenues of $1.13 billion. Wall Street will be looking to see how this quarter's numbers compare to the year-ago quarter's positive EPS of $1.09 per share on revenues of $1.06 billion. We'll have to wait for Wednesday to see if Zimmer Holdings reports a rise in EPS and revenue from the year-ago quarter, as analysts are expecting.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance:

At last check, shares of Zimmer Holdings were trading at $64.74. Since January 1st, shares of Zimmer Holdings have given investors a return of 20.6%. For a full 12 months, the return has risen by 27%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

• Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for Zimmer Holdings is a Hold. Over the past three months this rating's strength has declined slightly.

Competitors:

Wondering how some of the other healthcare companies are doing? Here are a few of Zimmer Holdings' peers in that sector.

• Smith & Nephew plc (ADR SNN: Hold with a $0.92 recent quarter EPS
• Stryker SYK: Hold with a $0.90 recent quarter EPS
• NuVasive (NUVA): Hold with a $0.10 recent quarter EPS

Zimmer Holdings is in the medical products industry, which has experienced price/earnings growth of 1.5%.

Finally, a description of the company's main areas of operation: Zimmer Holdings designs, develops, manufactures and markets orthopaedic and dental reconstructive implants, spinal implants, trauma products and other products.

Take Action:

Now that you have reviewed all the numbers, be ready to move if the upcoming Zimmer Holdings earnings report has any surprises. Also, come back to Benzinga after the announcement for a full recap and a guide to your next steps.

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