09.05.2024 22:39:17 - dpa-AFX: Mettler-Toledo International Inc. Q1 Profit Decreases, But Beats Estimates
WASHINGTON (dpa-AFX) - Mettler-Toledo International Inc. (MTD) announced a
profit for first quarter that decreased from the same period last year but beat
the Street estimates.
The company's earnings came in at $177.51 million, or $8.24 per share. This
compares with $188.43 million, or $8.47 per share, in last year's first quarter.
Excluding items, Mettler-Toledo International Inc. reported adjusted earnings of
$8.89 per share for the period.
Analysts on average had expected the company to earn $7.64 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter fell 0.3% to $925.95 million from $928.74
million last year.
Mettler-Toledo International Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $177.51 Mln. vs. $188.43 Mln. last year.
-EPS (Q1): $8.24 vs. $8.47 last year.
-Revenue (Q1): $925.95 Mln vs. $928.74 Mln last year.
-Guidance:
Next quarter EPS guidance: $8.90 to $9.05
Full year EPS guidance: $39.60 to $40.30
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