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FNA
Benzinga
106 days

Hip Implant Maker Zimmer Biomet Cuts Annual Profit Forecast On Paragon 28 Deal

1. ZBH's Q1 adjusted EPS is $1.81, below last year's $1.94. 2. Sales increased 1.1% to $1.91 billion, matching expectations. 3. Knee and hip product sales performed moderately well. 4. 2025 EPS guidance lowered to $7.90-$8.10, impacting investor confidence. 5. Successful FDA approvals may drive future sales growth.

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FAQ

Why Bearish?

ZBH reduced EPS guidance amidst slight sales growth, indicating potential market challenges. Historical precedence shows similar guidance revisions often lead to stock price somberness.

How important is it?

A significant company like ZBH lowering guidance could reflect broader industry concerns, impacting FNA's performance indirectly.

Why Short Term?

Immediate effect due to revised EPS estimates and declining stock price; market reacts quickly in such scenarios.

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