Mettler-Toledo International Inc reports results for the quarter ended in September 30 - Earnings Summary

Mettler-Toledo International

08/11/2024 04:23

* Mettler-Toledo International Inc  MTD.N  reported
quarterly
adjusted earnings of $10.21​​ per share for the quarter ended
September 30, higher than the same quarter last year, when the
company reported EPS of $9.80.  The mean expectation of
twelve analysts for the quarter was for earnings of $10.01 per
share. Wall Street expected results to range from $9.94 
to $10.34 per share.
    * Revenue rose 1.3% to $954.54 million from a year ago;
analysts
expected $944.74 million. 
    * Mettler-Toledo International Inc's reported EPS for the
quarter
was $9.96​.
    * The company reported quarterly net income of $211.52
million.
    * Mettler-Toledo International Inc shares had fallen by 6.8%
this
quarter and gained 15.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 11
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the office
equipment
peer group is also "hold"

Wall Street's median 12-month price target for Mettler-Toledo
International Inc is 1,400.00 
This summary was machine generated from LSEG data November 8 at
04:23 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      10.01          10.21          Beat
 Jun. 30 2024      9.03           9.65           Beat
 Mar. 31 2024      7.64           8.89           Beat
 Dec. 31 2023      10.10          9.40           Missed