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Healthcare | Medical Appliances & Equipment | USA
Zimmer Biomet's (ZBH) Q1 Earnings, Revenues Beat Estimates
Zimmer Biomet Holdings, Inc. ZBH posted first-quarter 2019 adjusted earnings per share (EPS) of $1.87, ahead of the Zacks Consensus Estimate by a penny. However, the figure dipped 2.1% year over year.
On a reported basis, EPS came in at $1.20, a 41.2% improvement from the year-ago period.
Revenue Details
First-quarter net sales came in at $1.98 billion, a 2.1% decline (a 0.7% rise at constant exchange rate or CER) year over year. The figure beat the Zacks Consensus Estimate of $1.97 billion by a close margin.
During the quarter under review, sales generated in the Americas totaled $1.19 billion (down 0.9% year over year at CER), while the same in EMEA (Europe, the Middle East and Africa) grossed $464 million (up 1.5% year over year at CER). Asia-Pacific registered 5.6% growth at CER to $318 million.
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https://www.zacks.com/stock/news/404555/...txt-404555
![[Bild: ZBHc1dl1735.png]](https://finviz.com/publish/042619/ZBHc1dl1735.png)
Zimmer Biomet's (ZBH) Q1 Earnings, Revenues Beat Estimates
Zimmer Biomet Holdings, Inc. ZBH posted first-quarter 2019 adjusted earnings per share (EPS) of $1.87, ahead of the Zacks Consensus Estimate by a penny. However, the figure dipped 2.1% year over year.
On a reported basis, EPS came in at $1.20, a 41.2% improvement from the year-ago period.
Revenue Details
First-quarter net sales came in at $1.98 billion, a 2.1% decline (a 0.7% rise at constant exchange rate or CER) year over year. The figure beat the Zacks Consensus Estimate of $1.97 billion by a close margin.
During the quarter under review, sales generated in the Americas totaled $1.19 billion (down 0.9% year over year at CER), while the same in EMEA (Europe, the Middle East and Africa) grossed $464 million (up 1.5% year over year at CER). Asia-Pacific registered 5.6% growth at CER to $318 million.
...
https://www.zacks.com/stock/news/404555/...txt-404555
