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Zimmer Biomet Holdings Inc. Reveals Decline In Q4 Earnings

Zimmer Biomet Holdings Inc. (ZBH) reported a profit for fourth quarter that lost ground from last year.

The company said its profit came in at $428.5 million, or $2.10 per share. This was down from $434.1 million, or $2.14 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 3.0% to $2.07 billion. This was up from $2.01 billion last year.

Zimmer Biomet Holdings Inc. earnings at a glance:

-Earnings (Q4): $428.5 Mln. vs. $434.1 Mln. last year.
-Earnings Decline (Y-o-Y): -1.3%
-EPS (Q4): $2.10 vs. $2.14 last year.
-EPS Decline (Y-o-Y): -1.9%
-Revenue (Q4): $2.07 Bln vs. $2.01 Bln last year.
-Revenue Change (Y-o-Y): 3.0%

-Guidance:
Next quarter EPS guidance: $1.84 to $1.91
Next quarter revenue guidance: $1.955 - $1.995 Bln

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