Picture of Mettler-Toledo International logo

MTD — Mettler-Toledo International News Story

0.000.00%
us flag iconLast trade - 00:00
TechnologyBalancedLarge CapHigh Flyer

Mettler-Toledo Q1 sales slightly beat estimates

Overview

Precision instruments supplier's Q1 sales rose 7%, slightly beating analyst expectations

Adjusted EPS for Q1 increased 9% to $8.91, driven by margin initiatives

Company expects Q2 local currency sales to grow about 3%, with adjusted EPS up 6-8%

Outlook

Company expects Q2 2026 local currency sales to grow about 3%

Mettler-Toledo forecasts Q2 2026 adjusted EPS of $10.70 to $10.85

Company sees full-year 2026 local currency sales growth of about 4% and adjusted EPS of $46.30 to $46.95

Result Drivers

MARGIN INITIATIVES - Co said solid execution of margin initiatives supported adjusted EPS growth

REGIONAL SALES VARIATION - Sales growth was higher in Europe and Asia/Rest of World than in the Americas

INNOVATION INVESTMENTS - Co said ongoing investments in innovation continue to provide tangible benefits

Company press release: ID:nBwZppySa

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 SalesSlight Beat*$947.1 mln$941.80 mln (12 Analysts)
Q1 Net Income$169.5 mln
Q1 Adjusted EBIT$246.2 mln
*Applies to a deviation of less than 1%; not applicable for per-share numbers. Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell" The average consensus recommendation for the office equipment peer group is "buy" Wall Street's median 12-month price target for Mettler-toledo International Inc is $1,487.50, about 12.1% above its May 6 closing price of $1,327.04 The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 30 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Mettler-Toledo International

See all news