RMD News: Zimmer Biomet (ZBH) Q1 Earnings Beat, Margins Expand - 3rd May 2024, 1:54am

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Zimmer Biomet Holdings, Inc. ZBH posted first-quarter 2024 adjusted earnings per share (EPS) of $1.94, exceeding the Zacks Consensus Estimate by 3.7%. The adjusted figure increased 2.6% year over year.

The quarter’s adjustments included certain amortization, restructuring and other cost reduction initiatives and European Union Medical Device Regulation-related charges, among others.

On a reported basis, the company registered earnings of 84 cents per share, which reflected a 24.3% decline...

>>> Read more: Zimmer Biomet (ZBH) Q1 Earnings Beat, Margins Expand
 
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