Uncovering Potential: ZimVie's Earnings Preview

ZimVie (NASDAQ:ZIMV) is set to give its latest quarterly earnings report on Wednesday, 2024-10-30. Here's what investors need to know before the announcement.

Analysts estimate that ZimVie will report an earnings per share (EPS) of $0.07.

The market awaits ZimVie's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Past Earnings Performance

Last quarter the company missed EPS by $0.04, which was followed by a 15.2% drop in the share price the next day.

Here's a look at ZimVie's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.17

-0.04

0.12

-0.02

EPS Actual

0.13

0.08

0.10

0.08

Price Change %

-15.0%

10.0%

-14.000000000000002%

11.0%

Performance of ZimVie Shares

Shares of ZimVie were trading at $13.98 as of October 28. Over the last 52-week period, shares are up 103.71%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Insights Shared by Analysts on ZimVie

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on ZimVie.

Analysts have provided ZimVie with 1 ratings, resulting in a consensus ...