07:19 AM EDT, 05/02/2024 (MT Newswires) -- Zimmer Biomet Holdings ( ZBH ) reported Q1 adjusted earnings Thursday of $1.94 per diluted share, up from $1.89 a year earlier.

Analysts polled by Capital IQ expected $1.87.

Net sales for the quarter ended March 31 were $1.89 billion, up from $1.83 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.87 billion.

The medical technology company said it continues to expect 2024 adjusted EPS of $8 to $8.15. Analysts polled by Capital IQ expect $8.05.

Reported revenue for the year is still expected to grow by 4.5% to 5.5%, the company said.

The company's shares were up 2% in recent Thursday premarket activity.