BUZZ-Zimmer Biomet surges to its highest level since April 2025 after raising annual adjusted profit forecast
路透社2026/11/04 17:19Latest Updates
November 4 - The share price of medical device manufacturer Zimmer Biomet (ZBH.N) rose by 14.9% in afternoon trading to $111.56, reaching its highest level since April 2025
If the rally is sustained, the stock is likely to post its best single-day performance since November 2020
The company raised its annual adjusted earnings per share forecast from the previous range of $8.47–$8.59 to $8.50–$8.60
According to data compiled by London Stock Exchange Group (LSEG), ZBH reported Q3 revenue of $2.06 billion, higher than analysts' expectation of $2.04 billion
According to LSEG data, the company's adjusted earnings per share for Q3 were $1.90, higher than analysts' forecast of $1.88
Including the day's gain, the stock's year-to-date increase is about 24%
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