Jefferies Cuts Price Target on Zimmer Biomet Holdings (ZBH) to $129 Following 3Q Miss
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Needham & Company Upgrades Zimmer Biomet (ZBH) to Strong Buy; Supply Issues Only Temporary
November 1, 2016 7:24 AM EDTNeedham & Company upgraded Zimmer Biomet (NYSE: ZBH) from Buy to Strong Buy with a price target of $148.00 (from $150.00), saying supply issues are only temporary.
Analyst Mike Matson commented, " ZBH missed consensus revenue and met consensus EPS in 3Q16 and management lowered its 2016 guidance.... More
Pre-Open Stock Movers 10/31: (TMH) (BHI) (LVLT) Higher; (PSG) (MEMP) (ZBH) Lower (more...)
October 31, 2016 9:20 AM EDTToday's Pre-Open Stock Movers
Performance Sports Group Ltd. (NYSE: PSG) 50% LOWER; announced that, in order to facilitate a financial and corporate restructuring through a going-concern sale of substantially all of the Company's assets, it has filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the District of Delaware and commenced proceedings under the Companies' Creditors Arrangement Act (the "CCAA") in the Ontario Superior Court of Justice.
Memorial Production Partners LP (Nasdaq: MEMP) 28.3% LOWER;... More
Zimmer Biomet Holdings (ZBH) Reports In-Line Q3 EPS
October 31, 2016 7:30 AM EDTZimmer Biomet Holdings (NYSE: ZBH) reported Q3 EPS of $1.79, in-line with the analyst estimate of $1.79. Revenue for the quarter came in at $1.83 billion versus the consensus estimate of $1.84 billion.
The Company updated its full-year 2016 constant currency revenue and adjusted earnings per share guidance. The Company now estimates full-year... More
Trading Radar for 10/31: Anadarko Petroleum (APC), Loews (L), Broadsoft (BSFT), Lumber Liquidators (LL) Report
October 28, 2016 3:15 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
Earnings:
Affiliated Managers Group (NYSE: AMG) - consensus EPS $3.00
Armstrong World (NYSE: AWI) - consensus EPS $0.76
Bio-Techne (Nasdaq: TECH) - consensus EPS $0.79
Boardwalk Pipeline Partners (NYSE:... More
