Zimmer Biomet: Q1 Earnings Insights

 

Zimmer Biomet Holdings ZBH reported its Q1 earnings results on Tuesday, May 3, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Zimmer Biomet Holdings beat estimated earnings by 14.18%, reporting an EPS of $1.61 versus an estimate of $1.41.

Revenue was down $184.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 7.35% increase in the share price the next day.

Here's a look at Zimmer Biomet Holdings's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 1.98 1.77 1.87 1.53
EPS Actual 1.95 1.81 1.90 1.71
Revenue Estimate 2.07B 1.95B 1.98B 1.76B
Revenue Actual 2.04B 1.92B 2.03B 1.85B

To track all earnings releases for Zimmer Biomet Holdings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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ZBHZimmer Biomet Holdings Inc
$98.223.16%

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