Mettler-Toledo Intl. (MTD) Tops Q3 EPS by 2c; Offers FY23 EPS Guidance
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Mettler-Toledo International Inc. Reports Third Quarter 2023 Results
November 9, 2023 4:30 PM ESTCOLUMBUS--(BUSINESS WIRE)-- Mettler-Toledo International Inc. (NYSE: MTD) today announced third quarter results for 2023. Provided below are the highlights:
Reported sales declined 4% compared with the prior year. In local currency, sales decreased 5% in the quarter as currency increased sales growth by 1%. Net earnings per diluted share as reported (EPS) were $9.21, compared with $9.76 in the prior-year period. Adjusted EPS was $9.80, a decrease of 4% over the prior-year amount of $10.18. Adjusted EPS is a non-GAAP measure, and a reconciliation to EPS is included on the last page of the attached... More