Zimmer Biomet Reports Second Quarter 2016 Financial Results
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Jefferies Raises Price Target on Zimmer Biomet Holdings (ZBH) Following 2Q
July 29, 2016 7:51 AM EDTJefferies reiterated a Buy rating on Zimmer Biomet Holdings (NYSE: ZBH), and raised the price target to $150.00 (from $135.00), following the company's 2Q earnings report. GM was down 60bp, though OM was up 160bp as spending in SG&A was down 220bp. ZBH reported an... More
Zimmer Biomet Holdings (ZBH) Tops Q2 EPS by 5c; Boosts FY16 Outlook
July 28, 2016 7:39 AM EDTZimmer Biomet Holdings (NYSE: ZBH) reported Q2 EPS of $2.02, $0.05 better than the analyst estimate of $1.97. Revenue for the quarter came in at $1.93 billion versus the consensus estimate of $1.9 billion.
GUIDANCE:
Zimmer Biomet Holdings sees FY2016 EPS of $7.90-$8.00, versus prior... More
