LOGO
LOGO

Mettler-Toledo International Inc. Q1 Profit Decreases, But Beats Estimates

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

Mettler-Toledo International Inc. (MTD) released earnings for first quarter that decreased from last year but beat the Street estimates.

The company's bottom line totaled $163.59 million, or $7.81 per share. This compares with $177.51 million, or $8.24 per share, last year.

Excluding items, Mettler-Toledo International Inc. reported adjusted earnings of $8.19 per share for the period.

Analysts on average had expected the company to earn $7.88 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 4.6% to $883.74 million from $925.95 million last year.

Mettler-Toledo International Inc. earnings at a glance (GAAP) :

-Earnings: $163.59 Mln. vs. $177.51 Mln. last year.
-EPS: $7.81 vs. $8.24 last year.
-Revenue: $883.74 Mln vs. $925.95 Mln last year.

-Guidance:
Next quarter EPS guidance: $9.45 to $9.70
Full year EPS guidance: $42.35 to $43.00

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

RELATED NEWS
Latest Updates on COVID-19