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Zimmer Biomet cuts FY24 adjusted EPS view to $7.95-$8.05 from $8.00-$8.15

Consensus $7.95. Cuts FY24 revenue view to up 3.5%-4% from up 4%-5%. The company said, “The Company is updating its full-year 2024 financial guidance to reduce and narrow its previous projected ranges for revenue growth and adjusted1 diluted EPS.”

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