Zimmer Biomet Holdings Inc Q3 2023 Earnings Call Summary - Thomson StreetEvents

Zimmer Biomet Holdings Inc Q3 2023 Earnings Call Summary

Zimmer Biomet Holdings Inc Q3 2023 Earnings Call Summary - Thomson StreetEvents
Zimmer Biomet Holdings Inc Q3 2023 Earnings Call Summary
Published Nov 07, 2023
16 pages (9672 words) — Published Nov 07, 2023
Price US$ 54.00  |  Buy this Report Now

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Abstract:

Edited Brief of ZBH.N earnings conference call or presentation 7-Nov-23 1:30pm GMT

  
Brief Excerpt:

...A. Let me say that again, the latest engagement score for organization, close to 20,000 employees showcase the absolute best scores in the history of the organization, frankly, going up across every single category. B. By delivering on operational excellence as a mandate or mindset for the organization, we're going to enable, number one, revenue growth of at least 100 to 200 basis points of our market while growing earnings faster than revenue and free cash flow growing faster than the rate of earnings. C. So again, operational excellence and mindset is going to deliver revenue growth of at least 100 to 200 basis points of a market while growing earnings faster than revenue and free cash flow faster than the rate of earnings while enabling best-in-class supply and operational outcomes by making Zimmer Biomet agile, nimble and a very simplified company that is proactive in what it does. D. Based on where we are as we close the year 2023, and based on our latest guidance, we're already on...

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Zimmer Biomet Holdings Inc
Ticker
ZBH.N
Time
1:30pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Robert Justin Marcus - JPMorgan Chase & Co, Research Division - Analyst : Great. I'll ask both upfront as they're kind of interrelated. Ivan and Suky, I was hoping you could address just the health of the ortho market. You talked to it, but we see your results and we see your peer results, and most of them were in line to slightly below in the quarter. So one, how you're thinking about the health of the market? And then second, you touched last quarter and then this quarter as well on longer-range guidance for '24. You talked newer guidance this time about 100 to 200 basis points above your end market growth. I think last quarter, it was implying something like 4% plus. Is that a change? And how do we think about margins for next year? I think previously, it was slightly up.

Table Of Contents

Zimmer Biomet Holdings Inc at Morgan Stanley Global Healthcare Conference Transcript – 2024-09-06 – US$ 54.00 – Edited Transcript of ZBH.N presentation 6-Sep-24 1:15pm GMT

Zimmer Biomet Holdings Inc at Wells Fargo Healthcare Conference Summary – 2024-09-05 – US$ 54.00 – Edited Brief of ZBH.N presentation 5-Sep-24 12:00pm GMT

Zimmer Biomet Holdings Inc at Wells Fargo Healthcare Conference Transcript – 2024-09-05 – US$ 54.00 – Edited Transcript of ZBH.N presentation 5-Sep-24 12:00pm GMT

Zimmer Biomet Holdings Inc at Goldman Sachs Global Healthcare Conference Transcript – 2024-06-11 – US$ 54.00 – Edited Transcript of ZBH.N presentation 11-Jun-24 12:40pm GMT

Zimmer Biomet Holdings Inc Q3 2023 Earnings Call Transcript – 2023-11-07 – US$ 54.00 – Edited Transcript of ZBH.N earnings conference call or presentation 7-Nov-23 1:30pm GMT

Zimmer Biomet Holdings Inc at Wells Fargo Healthcare Conference Transcript – 2023-09-06 – US$ 54.00 – Edited Transcript of ZBH.N presentation 6-Sep-23 1:30pm GMT

Zimmer Biomet Holdings Inc Q2 2023 Earnings Call Summary – 2023-08-01 – US$ 54.00 – Edited Brief of ZBH.N earnings conference call or presentation 1-Aug-23 12:30pm GMT

Zimmer Biomet Holdings Inc Q2 2023 Earnings Call Transcript – 2023-08-01 – US$ 54.00 – Edited Transcript of ZBH.N earnings conference call or presentation 1-Aug-23 12:30pm GMT

Zimmer Biomet Holdings Inc at Jefferies Healthcare Conference Summary – 2023-06-07 – US$ 54.00 – Edited Brief of ZBH.N presentation 7-Jun-23 4:30pm GMT

Zimmer Biomet Holdings Inc at Jefferies Healthcare Conference Transcript – 2023-06-07 – US$ 54.00 – Edited Transcript of ZBH.N presentation 7-Jun-23 4:30pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Zimmer Biomet Holdings Inc Q3 2023 Earnings Call Summary" Nov 07, 2023. Alacra Store. May 15, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-Zimmer-Biomet-Holdings-Inc-Earnings-Call-B15768707>
  
APA:
Thomson StreetEvents. (2023). Zimmer Biomet Holdings Inc Q3 2023 Earnings Call Summary Nov 07, 2023. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-Zimmer-Biomet-Holdings-Inc-Earnings-Call-B15768707>
  
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