Zimmer Holdings, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company reported net earnings of $152.8 million or $0.88 diluted earnings per share on net sales of $1,180.5 million against net earnings of $156.6 million or $0.87 diluted earnings per share on net sales of $1,167.3 million a year ago. Operating profit was $200.5 million and earnings before income taxes was $186.5 million against operating profit of $201.2 million and earnings before income taxes of $188.5 million a year ago. Adjusted diluted EPS was $1.51 per share against $1.36 per share a year ago.

For the year, the company reported net earnings of $755 million or $4.29 diluted earnings per share on net sales of $4,471.7 million against net earnings of $760.8 million or $4.03 diluted earnings per share on net sales of $4,451.8 million a year ago. Operating profit was $1,047.4 million and earnings before income taxes was $990.1 million against operating profit of $1,024.1 million and earnings before income taxes of $978.9 million a year ago. Net cash provided by operating activities was $1,151.9 million, additions to other property, plant and equipment was $114.7 million and purchases of investments was $1,130.1 million against net cash provided by operating activities of $1,176.9 million, additions to other property, plant and equipment of $113.8 million and purchases of investments of $662.1 million a year ago. Adjusted diluted EPS was $5.30 per share against $4.80 per share a year ago.

For the quarter, the company reported goodwill impairment was $96.0 million.

For 2013, the company expects revenues to increase between 2.5% and 4.5% on a constant currency basis. The Company estimates that foreign currency translation will decrease revenues by approximately 0.5% for the full year 2013, resulting in reported revenue growth between 2% and 4%. Full-year 2013 diluted earnings per share are projected to be in a range of $5.05 to $5.25 on a reported basis and $5.65 to $5.85 on an adjusted basis.