Mettler-Toledo International Inc reports results for the quarter ended in June - Earnings Summary

Mettler-Toledo International

29/07/2022 14:31

* Mettler-Toledo International Inc  MTD.N  reported
quarterly
adjusted earnings of $9.39​​ per share for the quarter ended in
June. The mean expectation of eleven analysts for the quarter
was for earnings of $8.76 per share.
    * Revenue rose 5.8% to $978.39 million from a year ago;
analysts
expected $951.51 million. 
    * Mettler-Toledo International Inc's reported EPS for the
quarter
was $9.29​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Mettler-Toledo International Inc shares had risen by 13.1%
this
quarter and lost 23.5% so far this year.
    * The company reported quarterly net income of $212.07
million.
    * Wall Street's median 12-month price target for
Mettler-Toledo
International Inc is $1,335.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 9
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 29
at 01:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      8.76           9.39           Beat
 Mar. 31 2022      7.25           7.87           Beat
 Dec. 31 2021      10.08          10.53          Beat
 Sep. 30 2021      8.24           8.72           Beat