Zimmer Biomet Reports First Quarter 2017 Financial Results

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Zimmer Biomet (ZBH) PT Raised to $153 at Needham & Company; Buy on Weakness

April 27, 2017 1:46 PM EDT

Needham & Company raised its price target on Zimmer Biomet (NYSE: ZBH) to $153.00 (from $151.00) while maintaining a Strong Buy rating but said disappointing Q1 results return the stock to a "show-me story" but they are recommending investors buy on today's weakness.

Analyst Mike... More

Zimmer Biomet Holdings (ZBH) Tops Q1 EPS by 2c; Narrows Outlook

April 27, 2017 7:37 AM EDT

Zimmer Biomet Holdings (NYSE: ZBH) reported Q1 EPS of $2.13, $0.02 better than the analyst estimate of $2.11. Revenue for the quarter came in at $1.98 billion versus the consensus estimate of $1.96 billion.

"Zimmer Biomet delivered first quarter revenue and adjusted earnings growth consistent with our... More