08.02.2024 12:41:13 - dpa-AFX: ROUNDUP: Zimmer Biomet Guides FY24 Above Estimates

WASHINGTON (dpa-AFX) - While reporting financial results for the fourth
quarter on Thursday, musculoskeletal healthcare firm Zimmer Biomet Holdings Inc.
(ZBH) initiated its adjusted earnings and revenue growth outlook for the
full-year 2024, above analysts' estimates.

For fiscal 2024, the company now projects adjusted earnings in a range of $8.00
to $8.15 per share on revenue growth of 4.5 to 5.5 percent from last year on a
reported basis, with constant currency revenue growth of 5.0 to 6.0 percent.

On average, analysts polled by Thomson Reuters expect the company to report
earnings of $7.94 per share on revenue growth of 4.3 percent to $7.70 billion
for the year. Analysts' estimates typically exclude special items.

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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
ZIMMER BIOMET HLDGS DL-01 753718 Frankfurt 106,900 27.05.24 08:08:08 +0,100 +0,09% 106,850 107,650 106,900 106,800

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