Mettler-Toledo International Inc. (MTD) announced a profit for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line came in at $252.30 million, or $11.96 per share. This compares with $184.80 million, or $8.52 per share, last year.
Excluding items, Mettler-Toledo International Inc. reported adjusted earnings of $12.41 per share for the period.
Analysts on average had expected the company to earn $11.72 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 11.8% to $1.045 billion from $934.99 million last year.
Mettler-Toledo International Inc. earnings at a glance (GAAP) :
-Earnings: $252.30 Mln. vs. $184.80 Mln. last year.
-EPS: $11.96 vs. $8.52 last year.
-Revenue: $1.045 Bln vs. $934.99 Mln last year.
-Guidance:
Next quarter EPS guidance: $7.75 to $7.95
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