BMET traded down over 4% on Tuesday in heavy trading (7.4 million shares traded versus normal daily average of 1.6 million shares) after reporting Q3 earnings and guidance that were not well-received by the Street. For their Q3, the company posted earnings of 43 cents per share on revenues of $506.3 million dollars, compared to analyst expectations of 43 cents per share on revenues of $516.3 million dollars. Analysts fretted over the weaker than expected guidance, causing the stock to close the day at $35.15, down $1.78. The company has a 52 week low of $32.50 and a market cap of $8.7 billion dollars.
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