Mettler-Toledo jumps on annual profit forecast raise, Q1 profit beat

Mettler-Toledo International

10/05/2024 14:58

** Shares of medical equipment maker Mettler-Toledo
International  MTD.N  rise ~11.2% to $1,435.41
    ** Co sees 2024 adj profit per share in the range of $39.90
to $40.40, higher than its previous stated range of $39.60 to
$40.30 per share
    ** MTD's Q1 adj profit was $8.89/shr, above analysts'
estimates of $7.64/shr - LSEG data
    ** Including session's move, stock up ~18.1% YTD

    

 (Reporting by Christy Santhosh)
 ((Christy.Santhosh@thomsonreuters.com))