Mettler-Toledo Intl. (MTD) Tops Q2 EPS by 7c
Mettler-Toledo Intl. (NYSE: MTD) reported Q2 EPS of $4.65, $0.07 better than the analyst estimate of $4.58. Revenue for the quarter came in at $722 million versus the consensus estimate of $713.99 million.
The Company said that, based on its assessment of market conditions today, management anticipates local currency sales growth in 2018 will be approximately 6%. This sales growth is expected to result in Adjusted EPS in the range of $20.10 to $20.25, which reflects growth of 14% to 15%. This guidance remains the same as previous guidance.
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