Mettler-Toledo International Inc. Reports Fourth Quarter 2019 Results
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Mettler-Toledo Intl. (MTD) Tops Q4 EPS by 10c, Revenues Beat; Offers Q1 EPS Guidance Below Consensus, FY20 EPS Mid-Point Views Below Consensus
February 6, 2020 4:30 PM ESTMettler-Toledo Intl. (NYSE: MTD) reported Q4 EPS of $7.78, $0.10 better than the analyst estimate of $7.68. Revenue for the quarter came in at $843.97 million versus the consensus estimate of $836.63 million.
Reported sales increased 3% compared with the prior year. In local currency, sales increased 4% in the quarter as currency reduced sales growth by 1%.Net earnings per diluted share as reported (EPS) were $7.84, compared with $7.11 in the prior-year period. Adjusted EPS was $7.78, an increase of 14% over the prior-year amount of $6.85. Adjusted EPS is a non-GAAP measure, and we have included a reconciliation to EPS on the... More