Mettler-Toledo International Inc expected to post earnings of $9.03 a share - Earnings Preview

Mettler-Toledo International

30/07/2024 22:16

* Mettler-Toledo International Inc  MTD.N   MTD  is expected
to show a fall in quarterly revenue when it reports  results on
August 1 for the period ending June 30 2024
    * The Columbus Ohio-based  company is expected to report a
5.4% decrease in revenue to $929.125 million from $982.12
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 $9.03 per share. The company's EPS
guidance on May 9 2024, for the period ended June 30, was
between $8.90 and $9.05 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 10
"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 $1,354.51​, below​ its last closing price
of $1,509.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  7.65        7.64       8.89      Beat    16.3
 Jan. 1 2024   10.01       10.10      9.40      Missed  -7
 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.        8.60        8.60       8.69      Beat    1
 31 2023                                                
 Dec. 31 2022  11.66       11.66                        3.8​
 Jan. 1 0001   9.84                                     3.5
 Jun. 30 2022  8.76                   9.39              
 This summary was machine generated July 30 at 21:16 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)