logo
  

Mettler-Toledo FY21 Outlook

Mettler-Toledo International Inc. (MTD) Thursday lifted its outlook for the full year 2021.

The company now expects earnings of $33.35 to $33.40 per share. Previously, the company expected earnings of $32.60 to $32.90 per share.

Analysts polled by Thomson Reuters currently estimate earnings of $32.96 per share for the full year.

For the full year 2021, local currency sales growth is expected to be approximately 17%.

For the fourth quarter, the company anticipates local currency sales growth of about 8%, and adjusted earnings of $10.00 to $10.05 per share. Analysts currently estimate earnings of $9.99 per share for the quarter.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Despite fears of inflation, consumers spent $9.12 billion for online shopping during Black Friday, higher than in previous years, as per a report published by Adobe Analytics. During the 2022 holiday season, total estimated revenues are $209.7 billion, a growth of 2.5 percent from last year's recorded revenues of $205 billion. Weis Markets, Inc., a Mid Atlantic food retailer, has recalled 108 containers of Weis Quality Sea Salt Caramel Ripple Ice Cream citing possible presence of undeclared soy and coconut allergens, the U.S. Food and Drug Administration said. The recalled product comes in 48oz containers that says Weis Quality Sea Salt Caramel Ripple Ice Cream, while the lid says Weis Quality Caramel Caribou Ice Cream Amazon.com Inc. plans to spend more than $1 billion annually to produce movies that will get a theatrical release, Bloomberg reported, citing people familiar with the matter. The online retailer giant, which acquired movie maker MGM Studios earlier this year for $8.45 billion, is likely to produce between 12 and 15 movies each year for movie theaters.
RELATED NEWS
Follow RTT