NYSE$ZBH
Zimmer Biomet Holdings Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Reported a decrease in net sales and updated 2021 financial guidance.
Zimmer Biomet reported third quarter net sales of $1.924 billion, a decrease of 0.3% from the prior year period. Diluted earnings per share were $0.69 for the third quarter, and adjusted diluted earnings per share were $1.81. The company updated its full-year 2021 financial guidance, reducing and narrowing its previous projected ranges for revenue growth, adjusted operating profit margin and adjusted diluted EPS.
- Third quarter net sales of $1.924 billion decreased 0.3% and 0.8% on a constant currency basis.
- Third quarter diluted earnings per share were $0.69; adjusted diluted earnings per share were $1.81.
- Third quarter 2021 net sales increased 1.7% when compared to the pre-pandemic third quarter 2019, and increased 0.4% on a constant currency basis.
- Company updates 2021 financial guidance, reducing and narrowing range for full year outlook
Headline financials
Revenue & EPS history
Zimmer Biomet · Revenue · Quarterly
$1.92B
Revenue by segment
Zimmer Biomet · $1.54B total across 3 segments · Q3 2021
- Knees Net Sales$648M-0.1%42.1%
- Hips Net Sales$454M-6.3%29.5%
- S.E.T. Net Sales$438M—28.4%
Forward guidance
The Company is updating its full-year 2021 financial guidance to reduce and narrow its previous projected ranges for revenue growth, adjusted operating profit margin and adjusted diluted EPS.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
-0.4%
Avg return
Earnings day
-1.7%
Avg return
5 days after
-2.3%
Avg return
30 days after
42%
30 / 72 earnings
Positive
+11.9%
Q3 2020
Best reaction
-15.3%
Q3 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.1% | -10.5% | -11.5% | |
| Q4 2025 | +1.9% | +7.5% | +3.2% | |
| Q3 2025 | -15.2% | -14.0% | -8.6% | |
| Q1 2025 | -11.6% | -7.0% | -10.7% | |
| Q4 2024 | -5.1% | -8.6% | -0.2% | |
| Q3 2024 | +2.9% | +4.4% | +7.9% | |
| Q2 2024 | -0.8% | -2.3% | -4.3% | |
| Q1 2024 | +1.8% | +1.6% | -3.7% | |
| Q4 2023 | -3.7% | -3.4% | -0.6% | |
| Q3 2023 | -4.1% | -3.5% | +7.3% | |
| Q2 2023 | -7.1% | -8.6% | -13.8% | |
| Q1 2023 | +0.6% | -0.7% | -8.3% | |
| Q4 2022 | +0.9% | +2.6% | -0.9% | |
| Q3 2022 | -5.7% | -3.9% | +10.0% | |
| Q2 2022 | +5.3% | +3.2% | -2.7% | |
| Q1 2022 | +4.7% | -0.3% | +1.2% | |
| Q4 2021 | -2.4% | -5.4% | -1.4% | |
| Q3 2021 | -4.8% | -9.7% | -18.5% | |
| Q2 2021 | -9.1% | -8.6% | -8.5% | |
| Q1 2021 | -2.5% | -3.1% | -10.1% | |
| Q4 2020 | -0.6% | -0.2% | -1.4% | |
| Q3 2020 | +11.9% | +7.2% | +7.0% | |
| Q2 2020 | -1.5% | +2.7% | +3.5% | |
| Q1 2020 | -6.8% | -7.8% | +10.2% | |
| Q4 2019 | +6.2% | +5.3% | -13.0% | |
| Q3 2019 | +4.9% | +5.5% | +8.1% | |
| Q2 2019 | +8.6% | +9.1% | +7.9% | |
| Q1 2019 | -3.1% | -2.8% | -8.2% | |
| Q4 2018 | +7.8% | +7.9% | +14.5% | |
| Q3 2018 | -5.6% | -7.0% | -7.7% | |
| Q2 2018 | +8.0% | +7.1% | +7.1% | |
| Q1 2018 | +5.7% | +5.8% | +0.4% | |
| Q4 2017 | -0.2% | -1.3% | -10.9% | |
| Q3 2017 | -7.7% | -10.1% | -5.8% | |
| Q2 2017 | -3.8% | -6.5% | -12.1% | |
| Q1 2017 | -4.5% | -3.7% | -4.9% | |
| Q4 2016 | +2.7% | +2.4% | +2.3% | |
| Q3 2016 | -15.3% | -15.9% | -16.9% | |
| Q2 2016 | +6.9% | +6.4% | +5.6% | |
| Q1 2016 | -0.1% | — | — | |
| Q4 2015 | -2.3% | — | — | |
| Q3 2015 | +6.8% | — | — | |
| Q2 2015 | -2.7% | — | — | |
| Q1 2015 | -4.3% | — | — | |
| Q4 2014 | -2.1% | — | — | |
| Q3 2014 | +5.1% | — | — | |
| Q2 2014 | -2.3% | — | — | |
| Q1 2014 | +9.9% | — | — | |
| Q4 2013 | +0.8% | — | — | |
| Q3 2013 | -3.3% | — | — | |
| Q2 2013 | +0.5% | — | — | |
| Q1 2013 | +0.6% | — | — | |
| Q4 2012 | -1.3% | — | — | |
| Q3 2012 | +2.0% | — | — | |
| Q2 2012 | -3.5% | — | — | |
| Q1 2012 | -0.6% | — | — | |
| Q4 2011 | -1.3% | — | — | |
| Q3 2011 | +3.7% | — | — | |
| Q2 2011 | -5.6% | — | — | |
| Q1 2011 | +0.5% | — | — | |
| Q4 2010 | +2.2% | — | — | |
| Q3 2010 | +3.6% | — | — | |
| Q2 2010 | -1.5% | — | — | |
| Q1 2009 | -0.8% | — | — | |
| Q1 2010 | +1.6% | — | — | |
| Q4 2009 | -0.2% | — | — | |
| Q3 2009 | +4.0% | — | — | |
| Q3 2008 | +4.0% | — | — | |
| Q4 2007 | -1.0% | — | — | |
| Q2 2008 | -1.0% | — | — | |
| Q2 2009 | -1.0% | — | — | |
| Q4 2008 | -1.0% | — | — |
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