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The Zacks Instruments - Scientific industry participants like MTD and BRKR are gaining from strong life science, pharmaceutical and academic end-market demand despite the challenging macroeconomic environment.
Examine the evolution of Mettler-Toledo's (MTD) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
Although the revenue and EPS for Mettler-Toledo (MTD) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Mettler-Toledo's (MTD) second-quarter results benefit from strength in the Laboratory segment. However, sluggish market demand in China acts as a headwind.
Mettler-Toledo (MTD) came out with quarterly earnings of $9.65 per share, beating the Zacks Consensus Estimate of $9 per share. This compares to earnings of $10.19 per share a year ago.
COLUMBUS, Ohio--(BUSINESS WIRE)--Mettler-Toledo International Inc. (NYSE: MTD) today announced second quarter results for 2024. Provided below are the highlights: Reported sales declined 4% compared with the prior year. In local currency, sales decreased 2% in the quarter as currency reduced sales growth by 2%. Net earnings per diluted share as reported (EPS) were $10.37, compared with $9.69 in the prior-year period. Adjusted EPS was $9.65, a decrease of 5% over the prior-year amount of $10.19.
Mettler-Toledo's (MTD) second-quarter results are likely to reflect weak momentum across the Industrial, Laboratory and Food Retail segments.
Besides Wall Street's top -and-bottom-line estimates for Mettler-Toledo (MTD), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.
Mettler-Toledo (MTD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
COLUMBUS, Ohio--(BUSINESS WIRE)--Mettler-Toledo International Inc. (NYSE: MTD) announced it will release its second quarter 2024 financial results after the market close on Thursday, August 1, 2024. The Company will host a conference call the following morning at 7:30 a.m. Eastern Time to discuss the results. To listen to the live audio webcast of the call, visit Events and Presentations on the Investor section of the Company's website, investor.mt.com. METTLER TOLEDO (NYSE: MTD) is a leading g.