Medical device company Zimmer Biomet (NYSE: ZBH) will be reporting earnings this Wednesday before the bell. Here’s what investors should know.

Zimmer Biomet beat analysts’ revenue expectations last quarter, reporting revenues of $2.18 billion, up 4.8% year on year. It was a strong quarter for the company, with a narrow beat of analysts’ full-year EPS guidance estimates and a beat of analysts’ EPS estimates.

Is Zimmer Biomet a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Zimmer Biomet’s revenue to grow 1.9% year on year, slowing from the 9.7% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Zimmer Biomet rarely misses Wall Street’s revenue estimates.

Looking at Zimmer Biomet’s peers in the healthcare equipment and supplies segment, some have already reported their Q3 results, giving us a hint as to what we can expect. CONMED posted flat year-on-year revenue, meeting analysts’ expectations, and Intuitive Surgical reported revenues up 21.7%, topping estimates by 5.3%. CONMED’s stock price was unchanged after the resultswhile Intuitive Surgical was down 2.3%.

Read our full analysis of CONMED’s results here and Intuitive Surgical’s results here.

There has been positive sentiment among investors in the healthcare equipment and supplies segment, with share prices up 2.4% on average over the last month. Zimmer Biomet is up 6.2% during the same time and is heading into earnings with an average analyst price target of $106.90 (compared to the current share price of $97.21).

ONE MORE THING: 3 Hidden Platforms Growing 3X Faster than Amazon, Google, and PayPal. Amazon, Google, and Meta all followed the same playbook: Dominate an ignored market. Build an unbeatable moat. Scale until you’re unstoppable.

These three platforms are running that exact playbook right now. The early investors in Amazon made fortunes. The early investors in these could do the same. Get All 3 Stocks Here for FREE.