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

Mettler-Toledo International

28/07/2023 24:23

* Mettler-Toledo International Inc  MTD.N  reported
quarterly
adjusted earnings of $10.19​​ per share for the quarter ended in
June. The mean expectation of eleven analysts for the quarter
was for earnings of $9.97 per share.
    * Revenue rose 0.4% to $982.12 million from a year ago;
analysts
expected $1.00 billion. 
    * Mettler-Toledo International Inc's reported EPS for the
quarter
was $9.69​.
    * The mean earnings estimate of analysts had fallen by
about 4.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Mettler-Toledo International Inc shares had risen by 1.8%
this
quarter and lost 7.6% so far this year.
    * The company reported quarterly net income of $213.93
million.
    * Wall Street's median 12-month price target for
Mettler-Toledo
International Inc is $1,450.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
27 at 11:22 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      9.97           10.19          Beat
 Mar. 31 2023      8.60           8.69           Beat
 Dec. 31 2022      11.66          12.10          Beat
 Sep. 30 2022      9.83           10.18          Beat