Mettler-Toledo rises on upbeat annual profit forecast

Mettler-Toledo International

07/02/2025 13:50

** Medical equipment maker Mettler-Toledo International's
shares  MTD.N  rise 2.71% to $1,394 premarket
    ** Co forecast annual profit above estimates, banking on
strong demand for its laboratory instruments used in drug
development
    ** Sees 2025 adj profit per share to be between $42.35 and
$43.00, above analysts' estimates of $42.13 per share - data
compiled by LSEG
    ** Posts Q4 adj profit per share of $12.41, beating
estimates of $11.71 per share 
    ** Co's Q4 sales rose 12% to $1.05 billion, above estimates
of $1.01 billion
    ** Up to last close, stock had risen 8.82% in the last 12
months

 (Reporting by Siddhi Mahatole)
 ((siddhiprabhanjan.mahatole@thomsonreuters.com))