Replies to post #25259 on The Rising Influence of Rising Affluence

[DewDiligence]

ZBH -7% because of soft 2022 guidance announced with 4Q21 results:

https://finance.yahoo.com/news/zimmer-biomet-announces-fourth-quarter-113000363.html

The Company is providing the following full-year 2022 financial guidance for RemainCo Zimmer Biomet – this guidance does not include any projected financial results from the businesses that are part of the planned spinoff of ZimVie from the Company. For comparison purposes only, unaudited 2021 net sales for RemainCo Zimmer Biomet are estimated to be $6.827 billion, based on total Company net sales of $7.836 billion less the Dental & Spine product category net sales of $1.009 billion.

Projected Year Ending December 31, 2022

 2022 Reported Revenue Change     (4.0)-0.0% 
 Foreign Currency Exchange Impact (2.0)% 
 Adjusted Operating Profit Margin  26.5-27.5% 
 Adjusted Tax Rate                 16.0-16.5% 
 Adjusted Diluted EPS             $6.40-6.80

The word, “adjusted” in the above table means non-GAAP.

[DewDiligence]

ZIMV 2022 non-GAAP EPS guidance=$2.10-2.30:

https://finance.yahoo.com/news/zimvie-hosts-inaugural-investor-day-141500225.html

[DewDiligence]

ZBH has a collaboration with Apple Watch that improves post-surgical patient care and generates incremental margins on ZBH’s orthopedics sales:

https://finance.yahoo.com/news/zimmer-biomet-announces-one-data-120000697.html

Zimmer Biomet Holdings…today announced one-year data from a multicenter, prospective, randomized controlled trial to evaluate the impact of mymobility with Apple Watch, a first-of-its-kind remote care management platform. The data show that using mymobility with Apple Watch following primary knee arthroplasty, commonly known as knee replacement, can effectively guide rehabilitation, demonstrate similar outcomes to traditional care models, and significantly reduce the number of outpatient physical therapy (PT) visits.

In addition, use of mymobility with Apple Watch was associated with significantly fewer surgery-related emergency department (ED) visits, which could translate to lower costs of care. The data will be presented at a podium session at the 2022 annual meeting of the American Association of Hip and Knee Surgeons (AAHKS).

[DewDiligence]

ZBH divested its_equity_stake_in ZIMV spin-off in cashless swap of equity for debt:

https://www.sec.gov/Archives/edgar/data/1136869/000106299323002100/xslF345X03/form4.xml