Key Points
Nov 7 (Reuters) - Zimmer Biomet Holdings Inc (ZBH.N) on Tuesday beat Wall Street estimates for third-quarter profit, as a rebound in knee surgeries lifted demand for the medical device maker's products...
On an adjusted basis, the company reported a profit of $1.65 per share, compared with analysts' average estimate of $1.60, according to LSEG data...
Larger peers Abbott Laboratories (ABT.N) and Boston Scientific (BSX.N) had also topped quarterly profit estimates on easing staffing shortages and a surge in hospital admissions for elective procedures deferred during the pandemic...
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