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Mettler-Toledo International Inc. Q2 adjusted earnings Beat Estimates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Mettler-Toledo International Inc. (MTD) revealed a profit for its second quarter that advanced from the same period last year.

The company's profit totaled $184.76 million, or $7.85 per share. This compares with $126.56 million, or $5.22 per share, in last year's second quarter.

Analysts had expected the company to earn $7.59 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 33.8% to $924.35 million from $690.67 million last year.

Mettler-Toledo International Inc. earnings at a glance:

-EPS (Q2): $8.10 vs. $5.29 last year.
-Analysts Estimate: $7.59
-Revenue (Q2): $924.35 Mln vs. $690.67 Mln last year.

-Guidance:
Next quarter EPS guidance: $8.12 to $8.27
Full year EPS guidance: $32.60 to $32.90

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