Zimmer Holdings Inc. (NYSE:ZMH) lowered its outlook in anticipation of its manufacturing and inventory charges. The company is also expecting some expenses in lieu of its acquisition deal for Biomet Inc. Zimmer Holdings Inc. (NYSE:ZMH) recently posted its earnings for the second quarter of the year 2014, and the figures missed the estimates.

David Dvorak, the chief executive officer of the company, said that the company has not uncovered all its potential yet and it still has a lot of work to do. The company is planning on exploiting the opportunities available in the U.S. market through the launch of fresh product interest.

The sales of the company increased in the regions of Asia and Europe but they saw a decline in the region of America, the biggest contributor to the company’s sales. Zimmer Holdings Inc. (NYSE:ZMH) saw a decrease of 4 percent in its stocks on the last trading day, July 24, 2014.

The company is expecting total revenue growth of 2 percent to 3 percent for the current fiscal year. Before the second quarter’s reports, the company’s estimated growth rate was between the figures of 3 percent and 5 percent. The company also reduced its earnings outlook from $6.10 to $6.

Zimmer Holdings Inc. (NYSE:ZMH), in April, made an acquisition deal to buy Biomet Inc for a total of $13.35 billion, both in stocks as well as in cash, in order to make itself steadier in the market. The combined company will make products that will repair bones and muscles. Both the companies have been requested by the U.S. Federal Trade Commission to submit all the required documents in order to make a progress with regards to the acquisition deal. The company is expecting the process to be completed by the first quarter of the year 2015.

The company is currently facing a compression in the demand of its knee and hip products as more and more people are keeping the surgeries on hold. However, the recent news is that the gaps are being filled and the decline in demand is decreasing down.

Coming to the earnings report of the company, the company reported a profit of $176.5 million with earnings of $1.03 per share. Last year, the company had a profit of $152.1 million with earnings of 89 cents. The company’s earnings after adjustments have come to a net total of $1.49. The revenues of the company increased by 1.2 percent and reached the figures of $1.18 billion.

The sales of the company increased by 9 percent and reached to $335 million in the region of Europe whereas the figures rose by 3 percent and reached to the value of $208 million in the Asia region. On the flip side, the sales in the region of America declined by 3 percent and remained at $640 million. Operational expenses of the company fell down by 7.1 percent.

Thomson recently ran its research on Zimmer Holdings Inc. (NYSE:ZMH) stocks and the analyst firm expected a revenue of $1.21 billion with $1.49 as the EPS (earnings per share).