Mettler-Toledo International Inc. (MTD) announced that its fourth-quarter net earnings were $69.44 million or $2.01 per share, compared to $62.92 million or $1.84 in the fourth quarter of 2008. Adjusted EPS was $2.09, a 5% increase over the prior-year amount of $2.00.
Sales were $511.7 million, a 5% decline in local currency sales, as compared with $509.7 million in the prior year.
Analysts polled by Thomson Reuters expected the company to report earnings of $1.97 per share on revenues of $505.39 million for the quarter. Analysts' estimates typically exclude special items.
For the first quarter 2010, the Company anticipates local currency sales to be in the range of 1% to 3% and Adjusted EPS in the range of $0.98 to $1.04, an increase of 3% to 9%. Analysts expect the company to report earnings of $1.06 per share on revenues of $393.98 million for the first-quarter.
The company anticipates that local currency sales growth in 2010 will be in the range of 3% to 5% and Adjusted EPS will be in the range of $5.90 to $6.15, an increase of 6% to 10%. Adjusted EPS excludes purchased intangible amortization, discrete tax items, restructuring charges and other one-time items. Analysts expect the company to report earnings of $6.13 per share on revenues of $1.82 billion for fiscal 2010.
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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.