NYSE$ZBH
Zimmer Biomet Holdings Inc · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Zimmer Biomet's Q4 2020 financial results were announced, revealing a slight decrease in net sales but a strong core business performance amidst COVID-19 pressures.
Zimmer Biomet reported Q4 net sales of $2.085 billion, a decrease of 1.9% compared to the prior year. Diluted earnings per share were $1.59, while adjusted diluted earnings per share were $2.11. The company also announced its intention to spin off its Spine and Dental businesses.
- Fourth quarter net sales decreased by 1.9%, or 3.7% on a constant currency basis, reaching $2.085 billion.
- Diluted earnings per share for the fourth quarter were $1.59, while adjusted diluted earnings per share amounted to $2.11.
- Full-year net sales totaled $7.025 billion, representing a decrease of 12.0%, or 12.4% on a constant currency basis.
- The company announced plans to spin off its Spine and Dental businesses to form a new, independent publicly traded company.
Headline financials
Revenue & EPS history
Zimmer Biomet · Revenue · Quarterly
$2.09B
Revenue by segment
Zimmer Biomet · $1.62B total across 3 segments · Q4 2020
- Knees Net Sales$737M-3.1%45.6%
- Hips Net Sales$504M-1.4%31.2%
- S.E.T. Net Sales$376M-20.6%23.2%
Forward guidance
Due to the uncertainty surrounding the ongoing impact of COVID-19, the Company is currently unable to quantify the expected impact on its results of operations, financial condition and cash flows for full year 2021 and is not providing financial guidance at this time.
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 Q4 2020
-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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