Zimmer Holdings, Inc. (ZMH) Reports In-Line Q2 EPS; Lowers Top-End of FY Outlook

Zimmer Holdings, Inc. (NYSE: ZMH) reported Q2 EPS of $1.49, in-line with the analyst estimate of $1.49. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.21 billion.

Zimmer Holdings, Inc. sees FY2014 EPS of $6.00-$6.10, versus prior guidance of $6.00-$6.20 and the consensus of $6.12.

"The second quarter was marked by solid sales growth in a number of product categories and geographies, as we continued the ongoing commercialization of innovative new solutions and made further progress on our operational excellence programs," said David Dvorak, President and CEO of Zimmer. "Our confidence in the opportunity to create value in the musculoskeletal market remains strong. In addition, we are excited about the progress we are making in working with the Biomet leadership team to plan our combination, and we continue to anticipate closing the merger in the first quarter of 2015."

For earnings history and earnings-related data on Zimmer Holdings, Inc. (ZMH) click here.

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