Zimmer Biomet (ZBH) Beats on Q2 Earnings, Cuts Revenue View

Zimmer Biomet Holdings, Inc. (ZBH) posted second-quarter 2024 adjusted earnings per share (EPS) of $2.01, exceeding the Zacks Consensus Estimate by 1.5%. The adjusted figure increased 10.4% year over year. The quarter's adjustments included certain amortization, restructuring and other cost reduction initiatives and European Union Medical Device Regulation-related charges, among others. On a reported basis, the company registered earnings of$ 1.18 per share, which reflected an 18% improvement from the year- ...