09.11.2023 22:40:45 - dpa-AFX: Mettler-Toledo International Inc. Q3 Profit Decreases, but beats estimates

WASHINGTON (dpa-AFX) - Mettler-Toledo International Inc. (MTD) released
earnings for third quarter that decreased from the same period last year but
beat the Street estimates.

The company's bottom line came in at $201.63 million, or $9.21 per share. This
compares with $220.60 million, or $9.76 per share, in last year's third quarter.

Excluding items, Mettler-Toledo International Inc. reported adjusted earnings of
$9.80 per share for the period.

Analysts on average had expected the company to earn $9.77 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 4.4% to $942.46 million from $985.85
million last year.

Mettler-Toledo International Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $201.63 Mln. vs. $220.60 Mln. last year.
-EPS (Q3): $9.21 vs. $9.76 last year.
-Analyst Estimates: $9.77
-Revenue (Q3): $942.46 Mln vs. $985.85 Mln last year.

-Guidance:
Next quarter EPS guidance: $10.50 to $10.70
Full year EPS guidance: $39.10 to $39.30


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
METTLER-TOLEDO INTL 910553 Frankfurt 1.309,000 28.06.24 08:03:25 -20,000 -1,50% 0,000 0,000 1.309,000 1.309,000

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