Mettler-Toledo Intl. (MTD) Misses Q3 EPS by 2c
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Mettler-Toledo International Inc. Reports Third Quarter 2015 Results
November 5, 2015 4:09 PM ESTCOLUMBUS, Ohio, Nov. 5, 2015 /PRNewswire/ -- Mettler-Toledo International Inc. (NYSE: MTD) today announced third quarter results for 2015. Provided below are the highlights:
Sales in local currency increased 3% in the quarter compared with the prior year. Reported sales decreased 4% as currency reduced sales growth by 7% in the quarter. Net earnings per diluted share as reported (EPS) were $3.16, compared with $2.89 in the prior- year period. Adjusted EPS was $3.26, an increase of 11% over the prior-year amount of $2.95. Adjusted EPS is a non-GAAP measure and excludes purchased intangible amortization, discrete... More