Mettler-Toledo International Inc <MTD.N> expected to post earnings of $7.64 a share - Earnings Preview
Mettler-Toledo International Inc MTD.N, MTD is expected to show a fall in quarterly revenue when it reports results on May 9 for the period ending March 31 2024
The Columbus Ohio-based company is expected to report a 5.3% decrease in revenue to $879.721 million from $928.74 million a year ago, according to the mean estimate from 10 analysts, based on LSEG data.
LSEG's mean analyst estimate for Mettler-Toledo International Inc is for earnings of $7.64 per share. The company's EPS guidance on February 8 2024, for the period ended March 31, was between $7.35 and $7.75
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 10 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Mettler-Toledo International Inc is $1,230.00, below its last closing price of $1,247.74.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jan. 1 0001 | 10.01 | 10.10 | 9.40 | Missed | -7 |
Sep. 30 0001 | 9.68 | 9.74 | 9.80 | Beat | 0.6 |
Jun. 30 2023 | 9.98 | 9.97 | 10.19 | Beat | 2.2 |
Mar. 31 2023 | 8.60 | 8.60 | 8.69 | Beat | 1 |
Dec. 31 2022 | 11.66 | 11.66 | 12.10 | Beat | 3.8 |
Sep. 30 2022 | 9.84 | 9.83 | 10.18 | Beat | 3.5 |
Jun. 30 2022 | 8.76 | 8.76 | 9.39 | Beat | 7.2 |
Mar. 31 2022 | 7.23 | 7.25 | 7.87 | Beat | 8.6 |
This summary was machine generated May 8 at 00:37 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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