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Zimmer Biomet (ZBH) Q4 Earnings Top Estimates, Margins Grow
Zimmer Biomet Holdings, Inc. ZBH posted fourth-quarter 2019 adjusted earnings per share (EPS) of $2.30, surpassing the Zacks Consensus Estimate by 1.8%. The figure also improved 5.5% year over year.
On a reported basis, EPS came in at $1.54 against the year-ago loss of $4.42 per share.
For the full year, adjusted earnings improved 3% to $7.87 from the 2018-level and also exceeded the Zacks Consensus Estimate by 0.5%.
Revenue Details
Fourth-quarter net sales of $2.13 billion increased 3% (up 3.9% at constant exchange rate or CER) year over year. The figure also exceeded the Zacks Consensus Estimate of $2.11 billion by 0.8%.
Full-year net sales of $7.98 billion increased 0.6% from the 2018 figure (up 2.2% at CER). This too topped the Zacks Consensus Estimate by 1%.
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https://finance.yahoo.com/news/zimmer-bi...04452.html
![[Bild: ZBHc1dl1634.png]](https://finviz.com/publish/020520/ZBHc1dl1634.png)
Zimmer Biomet Holdings, Inc. ZBH posted fourth-quarter 2019 adjusted earnings per share (EPS) of $2.30, surpassing the Zacks Consensus Estimate by 1.8%. The figure also improved 5.5% year over year.
On a reported basis, EPS came in at $1.54 against the year-ago loss of $4.42 per share.
For the full year, adjusted earnings improved 3% to $7.87 from the 2018-level and also exceeded the Zacks Consensus Estimate by 0.5%.
Revenue Details
Fourth-quarter net sales of $2.13 billion increased 3% (up 3.9% at constant exchange rate or CER) year over year. The figure also exceeded the Zacks Consensus Estimate of $2.11 billion by 0.8%.
Full-year net sales of $7.98 billion increased 0.6% from the 2018 figure (up 2.2% at CER). This too topped the Zacks Consensus Estimate by 1%.
...
https://finance.yahoo.com/news/zimmer-bi...04452.html
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