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

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

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.

... More