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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.