Mettler-Toledo: Q3 Earnings Snapshot

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COLUMBUS, Ohio (AP) — COLUMBUS, Ohio (AP) — Mettler-Toledo International Inc. (MTD) on Thursday reported third-quarter earnings of $211.5 million.

On a per-share basis, the Columbus, Ohio-based company said it had profit of $9.96. Earnings, adjusted for non-recurring costs, came to $10.21 per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $10 per share.

The maker of precision instruments posted revenue of $954.5 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $941.9 million.

For the current quarter ending in December, Mettler-Toledo expects its per-share earnings to range from $11.63 to $11.78.

The company expects full-year earnings in the range of $40.35 to $40.50 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTD at https://www.zacks.com/ap/MTD

 

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