Zimmer Biomet Holdings (ZBH) Tops Q3 EPS by 2c, Revenues Beat

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Zimmer Biomet Announces Third Quarter 2019 Financial Results

November 5, 2019 6:00 AM EST

WARSAW, Ind., Nov. 5, 2019 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH) today reported financial results for the quarter ended September 30, 2019.  The Company reported third quarter net sales of $1.892 billion, an increase of 3.0% over the prior year period, and an increase of 3.9% on a constant currency basis.  Diluted earnings per share for the third quarter were $2.08, an increase of 163% over the prior year period.  Third quarter adjusted diluted earnings per share were $1.77, an increase of 8.6% over the prior year period.  Net earnings for the third quarter were $431 million and $366 million on an adjusted basis.

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