Mettler-Toledo International (MTD) reported third quarter adjusted EPS of $1.36 after the close Thursday, compared to the $1.44 reported last year. The consensus estimate was for EPS of $1.18. The company expects to report fourth quarter EPS of $1.90 to $2.00, compared to the consensus estimate of $1.88. The company also boosted its full year EPS forecast to between $5.39 and $5.50, from prior expectations of $4.92 to $5.42.
Mettler-Toledo International gapped open sharply higher Friday and rose in early trade. Shares retreated slightly around midday, but finished up by 3.90 at $97.50 on above average volume. The stock rose above a month and a half long range and set a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.