Zimmer Biomet posts Q3 2026 results and lifts full‑year outlook

Zimmer Biomet reported third‑quarter 2026 net sales of $2.063 billion, up 3.1% year‑over‑year, while diluted earnings per share fell to $1.00, a 13.8% decline. Adjusted EPS was $1.90, matching the prior year. The company raised its full‑year 2026 adjusted EPS guidance to $8.50‑$8.60 and increased its revenue growth outlook.

The higher guidance signals management’s confidence in continued franchise growth and may support the stock’s recent price gains (the company’s shares rose about 9% after the release). The raised EPS range gives investors a new target for earnings performance this year.

  • 1Third‑quarter net sales were $2.063 billion, a 3.1% increase on a reported basis.
  • 2Net sales grew 3.7% on a constant‑currency basis.
  • 3Diluted earnings per share were $1.00, down 13.8% from the prior year.
  • 4Adjusted diluted earnings per share were $1.90, unchanged from the prior year.
  • 5Full‑year 2026 adjusted EPS guidance was updated to $8.50‑$8.60.
  • 6Management also indicated a revenue growth outlook of 3.0%‑3.5% for the full year.
  • Some outlets cite a higher full‑year revenue growth outlook of 4.4%‑4.9%, which conflicts with the 3.0%‑3.5% range reported in the primary press release.

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