Mettler-Toledo International Inc expected to post earnings of $10.01 a share - Earnings Preview

Mettler-Toledo International

06/11/2024 03:54

* Mettler-Toledo International Inc  MTD.N   MTD  is expected
to show a rise in quarterly revenue when it reports  results on
November 7 for the period ending September 30 2024
    * The Columbus Ohio-based  company is expected to report a
0.2% increase in revenue to $944.74 million from $942.46 million
a year ago, according to the mean estimate from 11 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Mettler-Toledo
International
Inc is for earnings of $10.01 per share. The company's EPS
guidance on August 1 2024, for the period ended September
30, was between 9.90 and 10.05 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 11
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for
Mettler-Toledo
International Inc is $1,400.00​, above​ its last closing price
of $1,385.79. ​​​

The company's guidance on August 2 2024 for the period ended
September 30 was for gross profit margin of 59.97%.
This summary was machine generated November 6 at 03:54 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)