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NYSE:ZBH 28 April 2026

Why Zimmer Biomet Stock Sank After a Q1 Earnings Beat and Raised Profit Outlook

Why Zimmer Biomet Stock Sank After a Q1 Earnings Beat and Raised Profit Outlook

Zimmer Biomet shares dropped about 9% Tuesday despite beating first-quarter estimates and raising its 2026 profit forecast, as investors reacted to an unchanged sales outlook and the exit of CFO Suketu Upadhyay. The stock traded at $84.17 late morning. The company reported $2.087 billion in net sales and raised its adjusted EPS forecast to $8.40–$8.55. CEO Ivan Tornos cited disruption from a U.S. sales-force overhaul.

Stock Market Today

  • Burberry FTSE 100 Share Suspends Dividends Amid Market Challenges
    June 13, 2026, 11:58 AM EDT. Burberry (LSE: BURB), a high-end fashion brand in the FTSE 100, currently pays no dividends after cutting its payout last year due to weakening sales and market pressures. The 2025 dividend was previously 61p per share, reflecting a 5.3% yield at current prices. Burberry's shares have experienced significant volatility, including a recent rally and sharp declines. Free cash flow doubled to £120 million but remains below long-term potential. Weak consumer confidence and competitive pricing challenges have impacted growth. Experts suggest dividends could return when cash flows improve, but it is unclear when. Despite recent price falls, the brand's fundamentals remain decent, making it a watchlist candidate rather than a buy for now.

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Annaly Capital Stock Holds Near $22 After Dividend Hike as Investors Eye Fed Rate Catalyst

Annaly Capital Stock Holds Near $22 After Dividend Hike as Investors Eye Fed Rate Catalyst

13 June 2026
Annaly Capital Management hiked its quarterly dividend to $0.75 per share, boosting its annualized yield to about 13.6% at Friday’s $22.00 close; shares finished nearly flat as investors weighed the higher payout against ongoing interest rate and mortgage market risks, with analyst consensus showing a “Moderate Buy” and an average 12-month price target of $24.22.
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