Zimmer Biomet Holdings (ZBH) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $2.07
- Estimate
- $2.01
- Surprise
- +3.0%
- Revenue (period 2026-06-30)
- $2.18B
- Score today
- 6.3/10
Revenue source: xbrl.
How the report landed
Zimmer Biomet Holdings (ZBH) beat the $2.01 estimate with diluted EPS of $2.07 — a modest 3.0% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates ZBH Hold at 6.3/10; no pre/post engine snapshot brackets this report.
4 of the last 4 quarters beat the estimate; this quarter's +3.0% surprise compares with a +4.5% four-quarter average. Next scheduled report: 2026-11-05.
What supports the rating
- Sector modifier (Healthcare): +0.5
- Strong earnings beat streak (4/4)
What argues against it
- Concentration risk — Supplier: single-source materials and components
- Thin upside margin: 3.6%
- Negative momentum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $93.75
- Price target
- $96.81
- Stop
- $88.71
- Upside to target
- +3.3%
- Reward-to-risk
- 0.6:1
The stock trades at 22.7× trailing but 10.3× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 26 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-09-14 — shown for context, not personalized investment advice.
ZBH at TrendMatrix's latest read
Healthcare earnings trade on pipeline and payer dynamics as much as the quarter itself; a beat or miss is weighed against trial and reimbursement news.
- Industry
- Medical Devices
- Market cap
- $17.83B
- P/E (fwd)
- 10.3
- P/E (ttm)
- 22.7
- 52-week range
- $79.12–$106.88
- Off 52-week high
- 12.3%
- RSI (14)
- 26
- Volume vs avg
- 1.21×
- Score today
- 6.3/10