Zacks Analyst Blog Highlights: Wright Medical Group, Inc., Zimmer Holdings Inc., Stryker Corp., Johnson & Johnson and Smith & Nephew plc.

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Mon Nov 2, 2009 5:00pm EST

http://www.zacks.com/
CHICAGO--(Business Wire)--
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day
the Zacks Equity Research analysts discuss the latest news and events impacting
stocks and the financial markets. Stocks recently featured in the blog include:
Wright Medical Group, Inc. (Nasdaq: WMGI), Zimmer Holdings Inc. (NYSE: ZMH),
Stryker Corp. (NYSE: SYK), Johnson & Johnson (NYSE: JNJ) and Smith & Nephew plc.
(NYSE: SNN). 

Get the most recent insight from Zacks Equity Research with the free Profit from
the Pros newsletter: http://at.zacks.com/?id=4579

Here are highlights from Friday`s Analyst Blog:

Wright Eclipses Zacks Estimate

Wright Medical Group, Inc. (Nasdaq: WMGI) reported third-quarter earnings per
share of 19 cents, surpassing the Zacks Consensus Estimate of 9 cents. The
company had earned 19 cents per share in the year-ago quarter. 

Wright has provided guidance for the fourth quarter and fiscal 2009. For the
fourth quarter, net sales are estimated between $122 and $127 million,
representing an increase of roughly 2% to 6% from the year-ago period. Earnings
per share is expected in the range of 22 to 26 cents. 

For fiscal 2009, net sales should range between $480 and $485 million,
increasing approximately 3% to 4% year over year. Earnings per share should be
in the range of 80 to 84 cents. 

Wright Medical is a global orthopedic devices company specializing in the
design, manufacture, and marketing of reconstructive joint devices and
bio-orthopedic materials. The orthopedic industry is highly competitive, and
Wright Medical faces challenges from large players, such as Zimmer Holdings Inc.
(NYSE: ZMH), Stryker Corp. (NYSE: SYK), Johnson & Johnson/De Puy (NYSE: JNJ),
Smith & Nephew plc. (NYSE: SNN) and Biomet. 

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