Mettler-Toledo Intl. (MTD) Tops Q1 EPS by 95c, Offers Guidance
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Mettler-Toledo International Inc. Reports First Quarter 2021 Results
May 6, 2021 4:10 PM EDTCOLUMBUS, Ohio, May 6, 2021 /PRNewswire/ -- Mettler-Toledo International Inc. (NYSE: MTD) today announced first quarter results for 2021. Provided below are the highlights:
Reported sales increased 24% compared with the prior year. In local currency, sales increased 18% in the quarter as currency benefited reported sales growth by 6%. Net earnings per diluted share as reported (EPS) were $6.32, compared with $4.03 in the prior-year period. Adjusted EPS was $6.56, an increase of 64% over the prior-year amount of $4.00. Adjusted EPS is a non-GAAP measure, and a reconciliation to EPS is included on the last... More