Mettler-Toledo International Inc expected to post earnings of $11.66 a share - Earnings Preview

Mettler-Toledo International

08/02/2023 15:28

* Mettler-Toledo International Inc  MTD.N   MTD  is expected
to show a fall in quarterly revenue when it reports  results on
February 10. 
    * The Columbus Ohio-based  company is expected to report  a
0.7% decrease in revenue to $1.03 billion from $1.04 billion a
year ago, according to the mean estimate from 10 analysts, based
on Refinitiv data. The company's guidance on November 3 2022,
for the period ended December 31, was for revenue of $1.110
billion.
    * ​Refinitiv's mean analyst estimate for Mettler-Toledo
International Inc is for earnings of $11.66 per share. The
company's EPS guidance on November 3 2022, for the period ended
December 31, was between $11.55 and $11.65 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 11
"hold" and no "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 $1,365​, below​ its last closing price
of $1,557.94. ​​​

The company's guidance on November 3 2022 for the period ended
December 31 was for gross profit margin of USD60.03%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  9.84        9.83       10.18     Beat    3.5
 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
 ​​Sep.        8.24        8.24       8.72      Beat    5.8
 30 2021                                                
 Jun. 30 2021  7.63        7.62       8.10      Beat    6.3​
 Mar. 31 2021  5.60        5.61       6.56      Beat    17
 Dec. 31 2020  8.73        8.72       9.26      Beat    6.2
 This summary was machine generated February 8 at 15:28 GMT.  All
figures in US dollars  unless otherwise stated