Mettler-Toledo International Inc expected to post earnings of $8.60 a share - Earnings Preview

Mettler-Toledo International

03/05/2023 17:39

* Mettler-Toledo International Inc  MTD.N   MTD  is expected
to show a rise in quarterly revenue when it reports  results on
May 5. 
    * The Columbus Ohio-based  company is expected to report  a
2.3% increase in revenue to $918.718 million from $897.79
million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. The company's guidance on
February 9 2023, for the period ended March 31, was for revenue
of $951.658 million.
    * ​Refinitiv's mean analyst estimate for Mettler-Toledo
International Inc is for earnings of $8.60 per share. The
company's EPS guidance on February 9 2023, for the period ended
March 31, was between $8.55 and $8.65 
    * 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 $1,525​, above​ its last closing price
of $1,502.49. ​​​

The company's guidance on February 10 2023 for the period ended
March 31 was for gross profit margin of USD61.17%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  11.66       11.66      12.10     Beat    3.8
 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.        10.07       10.08      10.53     Beat    4.5
 31 2021                                                
 Sep. 30 2021  8.24        8.24       8.72      Beat    5.8​
 Jun. 30 2021  7.63        7.62       8.10      Beat    6.3
 Mar. 31 2021  5.60        5.61       6.56      Beat    17
 This summary was machine generated May 3 at 16:39 GMT.  All
figures in US dollars  unless otherwise stated