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 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.