WASHINGTON (dpa-AFX) - Zimmer Biomet Holdings Inc. (ZBH) announced earnings
for first quarter that decreased from last year but beat the Street estimates.

The company's bottom line came in at $172.4 million, or $0.84 per share. This
compares with $232.5 million, or $1.11 per share, in last year's first quarter.

Excluding items, Zimmer Biomet Holdings Inc. reported adjusted earnings of
$399.7 million or $1.94 per share for the period.

Analysts on average had expected the company to earn $1.87 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 3.3% to $1.89 billion from $1.83
billion last year.

Zimmer Biomet Holdings Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $172.4 Mln. vs. $232.5 Mln. last year.
-EPS (Q1): $0.84 vs. $1.11 last year.
-Revenue (Q1): $1.89 Bln vs. $1.83 Bln last year.

-Guidance:
Full year EPS guidance: $8.00 - $8.15


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