Mettler-Toledo International Inc expected to post earnings of $9.97 a share - Earnings Preview

Mettler-Toledo International

26/07/2023 24:10

* Mettler-Toledo International Inc  MTD.N   MTD  is expected
to show a rise in quarterly revenue when it reports  results on
July 27. 
    * The Columbus Ohio-based  company is expected to report  a
2.3% increase in revenue to $1.001 billion from $978.39 million
a year ago, according to the mean estimate from 9 analysts,
based on Refinitiv data. The company's guidance on May 4 2023,
for the period ended June 30, was for revenue of $1.008 billion.
    * ​Refinitiv's mean analyst estimate for Mettler-Toledo
International Inc is for earnings of $9.97 per share. The
company's EPS guidance on May 4 2023, for the period ended June
30, was between $9.90 and $10.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 12
"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 $1,450​, above​ its last closing price
of $1,312.92. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  8.60        8.60       8.69      Beat    1
 Dec. 31 2023  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.        7.23        7.25       7.87      Beat    8.6
 31 2022                                                
 Dec. 31 2021  10.07       10.08      10.53     Beat    4.5​
 Sep. 30 2021  8.24        8.24       8.72      Beat    5.8
 Jun. 30 2021  7.63        7.62       8.10      Beat    6.3
 This summary was machine generated July 25 at 23:10 GMT.  All
figures in US dollars  unless otherwise stated