Mettler-Toledo International Inc. Reports Third Quarter 2018 Results
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Mettler-Toledo Intl. (MTD) Tops Q3 EPS by 12c, Revenues Miss; Raises FY18 EPS Guidance
November 8, 2018 4:22 PM ESTMettler-Toledo Intl. (NYSE: MTD) reported Q3 EPS of $5.12, $0.12 better than the analyst estimate of $5.00. Revenue for the quarter came in at $734.85 million versus the consensus estimate of $738.16 million.
Reported sales increased 5% compared with the prior year. In local currency, sales increased 7% in the quarter as currency reduced sales growth by 2%. Net earnings per diluted share as reported (EPS) were $4.93, compared with $3.99 in the prior-year period. Adjusted EPS was $5.12, an... More