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

Mettler-Toledo International

05/05/2023 14:30

* Mettler-Toledo International Inc  MTD.N  reported
quarterly
adjusted earnings of $8.69​​ per share for the quarter ended in
March. The mean expectation of eleven analysts for the quarter
was for earnings of $8.60 per share.
    * Revenue rose 3.4% to $928.74 million from a year ago;
analysts
expected $918.72 million. 
    * Mettler-Toledo International Inc's reported EPS for the
quarter
was $8.47​.
    * The mean earnings estimate of analysts had risen by
about 1.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Mettler-Toledo International Inc shares had fallen by 3.6%
this
quarter and gained 2.1% so far this year.
    * The company reported quarterly net income of $188.43
million.
    * Wall Street's median 12-month price target for
Mettler-Toledo
International Inc is $1,525.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
5 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      8.60           8.69           Beat
 Dec. 31 2022      11.66          12.10          Beat
 Sep. 30 2022      9.83           10.18          Beat
 Jun. 30 2022      8.76           9.39           Beat