Mettler-Toledo Intl. (MTD) Tops Q4 EPS by 16c
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Mettler-Toledo International Inc. Reports Fourth Quarter 2016 Results
February 2, 2017 4:12 PM ESTCOLUMBUS, Ohio, Feb. 2, 2017 /PRNewswire/ -- Mettler-Toledo International Inc. (NYSE: MTD) today announced fourth quarter results for 2016. Provided below are the highlights:
Sales in local currency increased 8% in the quarter compared with the prior year. Reported sales increased 5% as currency reduced sales growth by 3% in the quarter. Net earnings per diluted share as reported (EPS) were $5.17, compared with $4.44 in the prior-year period. Adjusted EPS was $5.28, an increase of 14% over the prior-year amount of $4.65. Adjusted EPS is a non-GAAP measure and excludes purchased intangible amortization, discrete tax... More