Mettler-Toledo International Inc expected to post earnings of $10.10 a share - Earnings Preview

Mettler-Toledo International

06/02/2024 21:40

* Mettler-Toledo International Inc  MTD.N   MTD  is expected
to show a fall in quarterly revenue when it reports  results on
February 8 for the period ending December 31 2023
    * The Columbus Ohio-based  company is expected to report a
9.4% decrease in revenue to $958.374 million from $1.06 billion
a year ago, according to the mean estimate from 9 analysts,
based on LSEG data.The company's guidance on November 9 2023,
for the period ended December 31, was for revenue between
$973.07 million and $983.65 million.
    * ​LSEG's mean analyst estimate for Mettler-Toledo
International
Inc is for earnings of $10.10 per share. The company's EPS
guidance on November 9 2023, for the period ended December
31, was between $10.50 and $10.70 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 9
"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 $1,080.00​, below​ its last closing price
of $1,186.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  9.68        9.74       9.80      Beat    0.6
 Jun. 30 2023  9.98        9.97       10.19     Beat    2.2
 Mar. 31 2023  8.60        8.60       8.69      Beat    1​
 Dec. 31 2022  11.66       11.66      12.10     Beat    3.8
 ​​Sep.        9.84        9.83       10.18     Beat    3.5
 30 2022                                                
 Jun. 30 2022  8.76        8.76       9.39      Beat    7.2​
 Mar. 31 2022  7.23        7.25       7.87      Beat    8.6
 Dec. 31 2021  10.07       10.08      10.53     Beat    4.5
 This summary was machine generated February 6 at 21:40 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)