Mettler-Toledo International Inc expected to post earnings of $7.64 a share - Earnings Preview

Mettler-Toledo International

08/05/2024 01:37

* Mettler-Toledo International Inc  MTD.N   MTD  is expected
to show a fall in quarterly revenue when it reports  results on
May 9 for the period ending March 31 2024
    * The Columbus Ohio-based  company is expected to report a
5.3% decrease in revenue to $879.721 million from $928.74
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Mettler-Toledo
International
Inc is for earnings of $7.64 per share. The company's EPS
guidance on February 8 2024, for the period ended March 31, was
between $7.35 and $7.75 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 10
"hold" and 1 "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 $1,230.00​, below​ its last closing price
of $1,247.74. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   10.01       10.10      9.40      Missed  -7
 Sep. 30 0001  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.        11.66       11.66      12.10     Beat    3.8
 31 2022                                                
 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
 This summary was machine generated May 8 at 00:37 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)