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Zimmer Biomet jumps to highest since April 2025 after raising annual adjusted profit forecast

By Reuters News

** Shares of medical device maker Zimmer Biomet ZBH.N rise 14.9% to $111.56 in afternoon trading, highest since April 2025

** Stock on track for its best one-day performance since November 2020, if gains hold

** Co raises annual adjusted profit forecast to $8.50 to $8.60 per share from prior forecast of $8.47 to $8.59

** ZBH reports Q3 revenue of $2.06 bln versus analysts' estimate of $2.04 bln, according to data compiled by LSEG

** Co reports Q3 adjusted profit of $1.90 per share versus analysts' estimate of $1.88, according to LSEG data

** Including session's move, stock up ~24% YTD

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