Zimmer Biomet Holdings, Inc. (NYSE:ZBH) manufacturer of musculoskeletal healthcare products and solutions, is expected to report second quarter earnings results, before market open, on Tuesday 4th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.73 per share.
Looking ahead, the full year income are expected at $ 3.97 per share on the revenues of $ 6276.67 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 8,182.00 million ~ $ 8,262.00 million, where as bottomline are predicted in a range of $ 8.15 ~ $ 8.45 per share
Click Here For More Historical Outlooks Of Zimmer Biomet Holdings, Inc.
Previous Quarter Performance
Zimmer Biomet Holdings, Inc. came out with income for the first quarter of $ 1.70 per share, from the revenue of $ 1,784.00 million. The quarterly earnings shrunk 9.09 percent while revenues reduced 9.69 percent compared with the same quarter last year.
According to street consensus, ZBH was expected to report 1Q20 income of $ 1.35 per share from revenue of $ 1794.81 million. The bottom line results beat street analysts by $ 0.35 or 25.93 percent, at the same time, top line results fell short of analysts by $ 10.81 million or 0.6 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of ZBH was $ 135.72, representing a 82.49 % increase from the 52 week low of $ 74.37 and a 15.76 % decrease over the 52 week high of $ 161.11.
The company has a market capital of $ 28.07 billion and is part of the Healthcare sector and Medical Devices industry.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.24 per share on June 11, 2020. The dividend were payable on July 31, 2020 to holders of record as of the close of business on June 29, 2020 and ex-dividend date on June 26, 2020.
Conference Call
Zimmer Biomet Holdings, Inc. will be hosting a conference call at 8:30 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.zimmerbiomet.in
Zimmer Biomet Holdings, Inc., together with its subsidiaries, designs, manufactures, and markets musculoskeletal healthcare products and solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through four segments: Spine, less Asia Pacific; Office Based Technologies; Craniomaxillofacial and Thoracic; and Dental. The company provides orthopaedic reconstructive products, such as knee and hip replacement products; S.E.T.
