Mettler-Toledo International Inc. Reports First Quarter 2024 Results [Yahoo! Finance]
Mettler-Toledo International, Inc. (MTD)
Last mettler-toledo international, inc. earnings: 2/6 04:10 pm
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Source: Yahoo! Finance
Reported and local currency sales were flat compared with the prior year and benefited 6% from recovering previously announced delayed shipments from the fourth quarter of 2023. Net earnings per diluted share as reported (EPS) were $8.24, compared with $8.47 in the prior-year period. Adjusted EPS was $8.89, an increase of 2% over the prior-year amount of $8.69. Adjusted EPS is a non-GAAP measure, and a reconciliation to EPS is included on the last page of the attached schedules. First Quarter Results Patrick Kaltenbach, President and Chief Executive Officer, stated, "Our first quarter results were much better than expected, although we continued to face reduced market demand, especially in China, versus the prior year. We also substantially recovered our previously disclosed delayed product shipments from the fourth quarter of 2023, slightly better than forecast. Strong execution of our productivity and cost savings initiatives offset significant foreign exchange headwinds and
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- Mettler-Toledo International Inc. (NYSE: MTD) had its "underperform" rating re-affirmed by analysts at Jefferies Financial Group Inc.. They now have a $1,250.00 price target on the stock, up previously from $1,230.00.MarketBeat
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MTD
Earnings
- 5/9/24 - Beat
MTD
Sec Filings
- 5/31/24 - Form SD
- 5/24/24 - Form 4
- 5/20/24 - Form 4
- MTD's page on the SEC website