Mettler-Toledo Intl. (MTD) Tops Q3 EPS by 12c, Revenues Miss; Raises FY18 EPS Guidance
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Mettler-Toledo International Inc. Reports Third Quarter 2018 Results
November 8, 2018 4:10 PM ESTCOLUMBUS, Ohio, Nov. 8, 2018 /PRNewswire/ -- Mettler-Toledo International Inc. (NYSE: MTD) today announced third quarter results for 2018. Provided below are the highlights:
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 increase of 17% over the prior-year amount of $4.36. Adjusted EPS is a non-GAAP measure, and we have included a reconciliation to EPS on the last page... More