Zimmer Biomet (ZBH) PT Lowered to $175 at Jefferies

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Go back to Zimmer Biomet (ZBH) PT Lowered to $175 at Jefferies

Zimmer Biomet Announces Third Quarter 2021 Financial Results

November 4, 2021 6:30 AM EDT

WARSAW, Ind., Nov. 4, 2021 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH) today reported financial results for the quarter ended September 30, 2021.  The Company reported third quarter net sales of $1.924 billion, a decrease of 0.3% from the prior year period, and a decrease of 0.8% on a constant currency basis.  Third quarter 2021 net sales increased 1.7% when compared to the pre-pandemic third quarter 2019, and increased 0.4% on a constant currency basis.  Net earnings for the third quarter of 2021 were $145.6 million, or $381.2 million on an adjusted basis.

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