Zimmer Biomet Stock Dips Despite Q1 Earnings Beat, Better-Than-Expected Guidance

Zimmer Biomet Holdings Inc (NYSE: ZBH) shares took a hit today despite first-quarter results beating the consensus. Adjusted diluted EPS of $1.71, grew 0.6% Y/Y, and surpassed Wall Street's estimate of $1.53. It posted Q1 sales of 1,847.4, up 3.6% on a reported basis and 0.8% on a constant currency...